CEO John Levy:
"Ruling is a huge victory for sports fans across the United States"
TORONTO, May 14, 2018 /CNW/ - theScore, Inc. (TSX Venture:
SCR), a leader in delivering mobile-first sports scores and
content, reacted positively to today's ruling by the Supreme Court
to strike down the Professional and Amateur Sports Protection Act
of 1992 (PASPA), an act that largely outlawed sports betting
outside of Nevada, effectively
clearing a path for the legalization of sports betting in
the United States.
John Levy, Founder and CEO of
theScore, whose flagship mobile app is one of the most popular
sports apps in North America,
said: "This is a huge victory for sports fans across the United States. Sports betting has long
been part of theScore's DNA, and our market-leading expertise in
delivering mobile-first experiences to millions of fans every month
makes this an exciting moment for us, as well as others that
support the introduction of sports wagering in the U.S."
Delivered this morning, the Supreme Court ruling enables states
to individually introduce legislation to legalize sports betting.
According to the American Gaming Association, 18 states have
introduced legislation to legalize sports betting, with more states
expected to follow.
"We've been watching this space for some time and eagerly
anticipating this ruling," added Levy. "The ruling unlocks exciting
opportunities and we are uniquely positioned to deliver amazing fan
experiences on mobile and in-game as the betting market
develops."
theScore app, which is used monthly by millions of fans and is
one of the leading multisport news and data apps in North America, is available in the
App Store and on Google Play and
offers news, scores, alerts and stats for every major league and
competition, including betting line movements for leagues including
NBA Basketball, NFL Football, NHL Hockey and MLB Baseball.
John Levy is available for media
interviews to discuss today's Supreme Court decision.
theScore Investor Relations
theScore.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
About theScore Inc.
theScore's mission is to create
highly-engaging digital products and content that empower the
sports fan's experience. Its flagship mobile app 'theScore' is one
of the most popular multi-sport news and data apps in North America, serving millions of fans a
month. The Company also creates innovative digital sports
experiences through its web, social and esports platforms.
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performances are forward-looking statements. Any statement
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"intends" and other similar statements which are not historical
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statements involve risks and uncertainties and are based on current
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respect to future events and are subject to certain risks,
uncertainties and assumptions. Many factors could cause the
Company's 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, those which are
discussed under the heading "Risk Factors" in the Company's Annual
Information Form as filed with the TSX Venture Exchange and
available on SEDAR at www.sedar.com and elsewhere in documents that
theScore files from time to time with securities regulatory
authorities. 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. The Company does not intend, and does not assume any
obligation, to update these forward-looking statements except as
required by applicable law or regulatory requirements.
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SOURCE theScore, Inc.