theScore Reports F2021 Q1 Financial Results | theScore App: The Ultimate, Personalized Mobile Sports Experience
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Toll Free North America: +1 (877) 396-4208
Conference ID: 8482477
The conference call will also be webcast live. Register now here[4].
Instant Replay
Local: +1 (416) 621-4642
Toll Free North America: +1 (800) 585-8367
Conference ID: 8482477
For more information:
Dan Sabreen
Director, Communications
Score Media and Gaming Inc.
Tel: 917-722-3888 ext. 706
Email: [email protected][5]
Alvin Lobo
Chief Financial Officer
Score Media and Gaming Inc.
Tel: 416-479-8812 ext. 2206
Email: [email protected][6]
About Score Media and Gaming Inc.
Score Media and Gaming Inc.[7] empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore[8]’ is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. Our sports betting app ‘theScore Bet[9]’ delivers an immersive and holistic mobile sports betting experience and is currently available to place wagers in New Jersey, Colorado, and Indiana. Publicly traded on the Toronto Stock Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.
Forward-looking (safe harbour) statement
Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as “may”, “would”, “could”, “will”, “believes”, “plans”, “anticipates”, “estimates”, “expects” or “intends” and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore’s current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause our actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, receipt of listing approval by a U.S. stock exchange, receipt of shareholder approval for a share consolidation (and the discretion granted to the board of directors to proceed with a consolidation and to fix a consolidation ratio), the enactment of enabling legislation and regulations in the Province of Ontario to facilitate iGaming and the enactment of federal legislation to permit single-event sports wagering (including the timing of such legislation and regulations being passed and proclaimed in force (if at all) and the terms and conditions imposed in such legislation and regulations on participants in the iGaming industry), the receipt by us of all relevant licences and approvals under the relevant legislation and regulations, and the rate of adoption of online gaming in Canada, and those factors which are discussed under the heading “Risk Factors” in our Annual Information Form as filed with applicable Canadian securities regulatory authorities and available on SEDAR under our profile at www.sedar.com[10] and elsewhere in documents that theScore files from time to time with such securities regulatory authorities, including its Management’s Discussion & Analysis and Management Information Circular. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. We do not intend, and do not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.
[1] Handle is calculated as the total amount of money bet by customers in respect of bets that have settled in the applicable period. Handle does not include free bets or other promotional incentives, nor money bet by customers in respect of bets that are open at period end.
[2] Gross gaming revenue is calculated as dollar amounts bet by customers less the dollar amounts paid out to the customers in respect of such bets which have settled in the applicable period.
[3] Net gaming revenue is calculated as gross gaming revenue, less free bets, promotional costs, bonuses and fair value adjustments on open bets.
References
- ^ Score Media and Gaming Inc. (scoremediaandgaming.com)
- ^ launched Bet Section (mobile.thescore.com)
- ^ Investor Relations page (mobile.thescore.com)
- ^ here (onlinexperiences.com)
- ^ [email protected] (mobile.thescore.com)
- ^ [email protected] (mobile.thescore.com)
- ^ Score Media and Gaming Inc. (scoremediaandgaming.com)
- ^ theScore (scoremediaandgaming.com)
- ^ theScore Bet (www.thescore.bet)
- ^ www.sedar.com (can01.safelinks.protection.outlook.com)
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