Score Media and Gaming Inc.

Score Media and Gaming Inc. is a publicly traded digital media company based in Toronto, Canada. It was founded in 2012 by John S. Levy, the company’s current Chief Executive Officer and Chairman.

The company owns and operates digital sports media and sports betting products which deliver sports scores, data, news, and sportsbook offerings via emerging and established platforms.

The company also previously owned The Score Television Network, which was acquired by Rogers Communications in October 2012 and is today known as Sportsnet 360. The transaction did not include theScore’s digital media assets, including its mobile apps and websites.

The company was spun-out from Score Media immediately prior to Rogers’ acquisition.

As a result of the transaction, former shareholders of Score Media received one share of the new company for each share held in Score Media, meaning that Score Media founder John Levy and family are the largest single voting shareholders in the company, as was the case with Score Media, though Rogers received additional shares yielding an ownership stake of 11.8%. Rogers subsequently sold its shares in theScore in June 2014.

As of Q1 F2020 (Aug-Nov 2019), theScore’s mobile sports media application was used by an average of 4.3 million monthly active users worldwide, 62% of which were in the United States, 27% in Canada and 11% in other international markets.

The company is publicly traded and was listed on the TSX Venture Exchange until September 2020 when it was promoted to the Toronto Stock Exchange.

Traded as:           TSX: SCR

Industry:              Media, Gaming

Predecessor:       Score Media

Founded:             2012

Headquarters:    Toronto, Ontario, Canada

https://scoremediaandgaming.com/

Leave a Reply

Your email address will not be published. Required fields are marked *