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theScore Bet Becomes Official Gaming Partner of Golf Canada and its Marquee Golf Championships, the RBC Canadian Open and CP Women’s Open
Rhea-AI Impact
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Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Score Media and Gaming Inc. (TSX: SCR; Nasdaq: SCR) announced a multi-year partnership with Golf Canada, making theScore Bet its first Official Gaming Partner. This agreement gives theScore Bet exclusive rights to engage at Canada’s National Open Golf Championships, including the RBC Canadian Open and CP Women’s Open. The partnership allows for on-site activations and digital engagement through Golf Canada’s channels, starting in 2022. The RBC Canadian Open will take place in Ontario for three consecutive years, providing ample opportunity for fan interaction.
Positive
Exclusive partnership with Golf Canada allows for significant brand visibility.
Access to engage with golf fans during high-profile events enhances customer acquisition.
First official gaming partner status positions theScore Bet advantageously in the market.
Negative
None.
- Multi-Year Partnership Provides theScore Bet Exclusive Access to Activate Across Canada’s National Golf Championships -
TORONTO--(BUSINESS WIRE)--
Score Media and Gaming Inc. (TSX: SCR; Nasdaq: SCR) (“theScore” or “the Company”) announced today that its wholly-owned subsidiary, Score Digital Sports Ventures (Canada) Inc. (“theScore Bet”), has entered into a multiyear agreement with Golf Canada to become its Official Gaming Partner. The exclusive partnership makes theScore Bet the first ever gaming partner for Golf Canada and its prestigious National Open Golf Championships - the CP Women’s Open and the RBC Canadian Open.
The partnership, which begins in 2022, provides theScore Bet with access to activate across Golf Canada’s high-profile events and large digital footprint. As an exclusive gaming partner of the RBC Canadian Open and the CP Women’s Open, theScore Bet will be able to engage fans through a variety of on-site activations, including creating members club experiences for theScore Bet users, as well as digital activations through both tournaments and Golf Canada’s channels.
Bill C-218, which legalizes single event sports betting, was proclaimed to come into force on August 27, 2021, with regulated online iGaming and sports betting offerings from private operators expected to commence in Ontario later this year. Both the RBC Canadian Open and CP Women’s Open will be held in Ontario in 2022. The RBC Canadian Open is scheduled to be held in the Greater Toronto Area in 2023 and 2024.
“We are thrilled to welcome theScore Bet as Golf Canada’s first Official Gaming Partner,” said Golf Canada’s Chief Commercial Officer, John Sibley. “theScore brand is already synonymous with sports coverage in Canada and we’re enthusiastic about the opportunity to team up to help build awareness for theScore Bet. Through Golf Canada’s entertainment properties and channels, theScore Bet will have direct access to engage with our large membership of devout Canadian sports fans.”
“We are proud to be Golf Canada’s first ever gaming partner and align theScore Bet with their organization and Canada’s marquee professional men’s and women’s golf events,” said Aubrey Levy, Senior Vice President of Content and Marketing, theScore. “This partnership provides us with highly engaging access points to introduce theScore Bet to a broad and endemic audience of golf fans. With the RBC Canadian Open taking place in Ontario for all three years and the CP Women’s Open in the province for at least the coming year, it provides us an amazing foothold to interact with Canada’s passionate golf community around two of the most popular golf events in the country.”
The 2022 RBC Canadian Open will be held June 6-12 at St. George’s Golf and Country Club in Toronto with nearby Islington Golf Club hosting the championship’s practice facility. The 2022 CP Women’s Open takes place August 22-28 at Ottawa Hunt and Golf Club in Ottawa.
In March 2021, theScore Bet was named Official Betting Operator of the PGA TOUR across the United States and Canada, pending the enactment of enabling legislation and regulation, and receipt of all necessary regulatory approvals.
theScore Bet is an immersive and holistic mobile sports betting platform which includes a wide range of pre-game and in-play betting across all major sports leagues and events, and a comprehensive variety of bet types. When paired with theScore’s flagship mobile app, theScore Bet offers a deeply personalized user experience and uniquely integrated media and betting ecosystem.
ABOUT SCORE MEDIA AND GAMING INC.
Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app ‘theScore’ 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. The Company’s sports betting app ‘theScore Bet’ delivers an immersive and holistic mobile sports betting experience and is currently available to place wagers in New Jersey, Colorado, Indiana and Iowa. Publicly traded on the Toronto Stock Exchange (TSX: SCR) and the Nasdaq Global Select Market (NASDAQ:SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.
ABOUT GOLF CANADA
Golf Canada is the National Sports Federation and governing body for golf in Canada representing 264,000 golfers and 1,400 member clubs across the country. A proud member of the Canadian Olympic Committee, Golf Canada’s mission is to increase Canadian participation and excellence in golf. By investing in the growth of the sport and introducing more participants of all ages to the game, our vision is to be a world leader in golf. For more information about what Golf Canada is doing to support golf in your community, visit www.golfcanada.ca.
FORWARD-LOOKING STATEMENTS
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 news 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 theScore’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, the enactment of enabling legislation and regulations in the provinces and territories of Canada to facilitate online gaming 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 online gaming industry), the receipt by the Company of all relevant licenses and approvals and those factors which are discussed under the heading “Risk Factors” in theScore’s current Annual Information Form, dated October 28, 2020, as filed with applicable Canadian securities regulatory authorities and available on SEDAR under theScore’s profile at www.sedar.com and as filed with the U.S. Securities and Exchange Commission and available on EDGAR under theScore’s profile at www.sec.com, and elsewhere in documents that theScore files from time to time with such securities regulatory authorities, including its relevant Management’s Discussion & Analysis of the financial condition and results of operations of theScore. 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. theScore does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.
