- Score Media and Gaming Inc. has gotten the final approval to trade on the Toronto Stock Exchange (TSX).
- Shares will become available on the open market on Tuesday, September 15.
- Approval was granted by the TSX Venture Exchange (TSXV).
TORONTO, Canada. – Big news for theScore Bet as parent company Score Media and Gaming Inc. has officially been granted approval to be traded on the Toronto Stock Exchange (TSX) by the TSX Venter Exchange (TSXV).
Shares for the popular sports betting operator will be listed under “SCR” and go live on market open on Tuesday, September 15. This move pushes Score Media even further ahead in the sports betting market.
Going public also coincides with theScore Bets multi-state venture. The sports betting provider has been launching in multiple states in the US.
Score Media Scores TSX Approval
Score Media has been aggressively working to advance its company and brand this year. Most recently, the company officially launched in Colorado as part of a multi-state campaign.
Going public on the TSX at the same time shows theScore Bet’s aggressive approach in the industry. There seems to be no sign of slowing down from Score Media.
“We’re excited to be listed on the Toronto Stock Exchange and further raise the profile of our growing leadership position in North American sports media, esports, and gaming,” said John Levy, Founder, and CEO of theScore. “This graduation comes at an exciting time for theScore as we continue the multi-state rollout of our award-winning sportsbook, theScore Bet, introducing our unique media and gaming experience to even more sports fans.”
Currently, the company’s class A shares are still listed on the TSXV. When it officially goes public, those shares will be delisted from the TSXV and then simultaneously available on the TSX for shareholders. This is common practice when a company applies to be listed on the TSX.
In addition to going public in Toronto, theScore Bet has been continuing its multi-state rollout campaign with Penn National. This campaign will see the mobile sports betting app available in Louisiana, Mississippi, Indiana, Iowa, Missouri, Ohio, Texas, Michigan, Massachusetts, Maine, and Kansas.
theScore was also recently awarded best online mobile sports betting experience by the Cynopsis Sports Media Awards. The sports betting operator has had a successful 2020.
Score Media joins other big names like DraftKings, FanDuel, and William Hill as publicly-traded legal sports betting operators. The future for Score Media and theScore Bet continues to seem bright.
Coming from a background in narrative-based writing, Giovanni strives to write stories that will keep the reader engaged. Although he does pride himself in being accurate, how the story is told is also very important to him. When he’s not keeping readers up to date on sports betting laws and legislation, you can find him writing and recording music, playing videogames, or engaged in heated sports debates with his friends.