CEO John Levy: "Ruling is a huge victory for sports fans across the United States"
TORONTO, May 14, 2018 /PRNewswire/ - 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.
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 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.
SOURCE theScore, Inc.
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