Score Media and i3 Interactive Seize New Market Opportunities as Legalization Expands

 

ORIGINAL: Sports Betting Boom: CEO’s of Penn National, FansUnite, Score Media and i3 Interactive Seize New Market Opportunities as Legalization Expands

2021-02-23 09:31 ET - News Release

NEW YORK, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Wall Street Reporter, the trusted name in financial news since 1843, has published reports on the latest comments and insights from leaders at: Penn National Gaming (NASDAQ: PENN), i3 Interactive (CSE: BETS) (OTC: BLITF), FansUnite (OTC: FUNFF) (CSE: FANS), and Score Media and Gaming (OTC: TSCRF) (TSE: SCR).

Online betting markets are booming. With the recent success of New Jersey generating over $1 billion in taxable income per month, more states hungry for tax revenues are opening up to sports betting and gaming. Canada is now expected to open the market for sports betting with the passing of Bill C-218. Wall Street Reporter highlights the latest comments from industry thought leaders:

Score Media and Gaming (OTC: TSCRF) (TSE: SCR) CEO John Levy: “Enormous Opportunity For Sports Betting in Canada”

“...we're starting to unlock the potential of theScore and theScore Bet, showcasing the value of a fully integrated media and gaming business. As our gaming operations in the U.S. expand, we are simultaneously preparing for what is an enormous opportunity on the horizon in Canada, with the anticipated creation of a fully legalized and regulated sports betting and iGaming market...theScore’s popularity in Canada is unmatched in the mobile sports space, and we are eager to deliver theScore Bet to our fans in our home territory.

“... We estimate a market potential for online gaming in Canada at between US$3.8 billion and $5.4 billion in annual gross gaming revenue based on historical data, extrapolated from the legal online gaming markets in the U.S. and globally. It is now clear that there is cross party support and strong momentum to amend Canada's outdated federal laws and enable legal sports betting market to flourish.theScore is Canada's leading mobile sports brand, with millions of loyal app users across this country. And we're in a great position to capitalize on the expansion of online gaming. We're hard at work preparing for this sizeable opportunity and look forward to seeing legislation progress in 2021…”

Score Media and Gaming (OTC: TSCRF) (TSE: SCR) Earnings Highlights: http://bit.ly/2NWjNms

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House Positions for C:SCR from 20210223 to 20210223

House	Bought	$Val	Ave	Sold	$Val	Ave	Net	$Net
7 TD Sec	91,355	3,138,384	34.354	61,554	2,078,587	33.769	29,801	-1,059,797
53 Morgan Stanley	27,131	914,229	33.697	3,366	115,039	34.177	23,765	-799,190
1 Anonymous	85,657	2,863,502	33.43	69,683	2,368,340	33.987	15,974	-495,162
79 CIBC	86,663	2,941,677	33.944	72,890	2,482,268	34.055	13,773	-459,409
88 Credential	4,314	145,422	33.709	1,347	45,318	33.644	2,967	-100,104
59 PI	1,800	63,534	35.297	0			1,800	-63,534
124 Questrade	19,016	646,682	34.007	17,669	603,154	34.136	1,347	-43,528
65 Goldman	1,000	34,839	34.839	0			1,000	-34,839
25 Odlum	360	12,307	34.186	0			360	-12,307
56 Edward Jones	200	7,060	35.30	0			200	-7,060
57 Interactive	732	24,973	34.116	700	26,267	37.524	32	1,294
84 Ind Trading	0			0			0	0
22 Fidelity	0			3	99	33.00	-3	99
13 Instinet	500	16,195	32.39	800	27,192	33.99	-300	10,997
33 Canaccord	12,080	410,856	34.011	13,029	445,739	34.211	-949	34,883
39 Merrill Lynch	2,200	72,600	33.00	4,000	137,127	34.282	-1,800	64,527
212 Virtu	25,295	848,867	33.559	27,486	933,698	33.97	-2,191	84,831
74 GMP	0			3,800	133,430	35.113	-3,800	133,430
76 Industrial Alliance	400	13,720	34.30	5,000	162,307	32.461	-4,600	148,587
19 Desjardins	335	11,619	34.684	5,015	169,988	33.896	-4,680	158,369
2 RBC	33,373	1,144,370	34.29	40,104	1,379,926	34.409	-6,731	235,556
80 National Bank	11,774	400,354	34.003	21,970	745,665	33.94	-10,196	345,311
14 ITG	1,300	44,206	34.005	11,900	389,226	32.708	-10,600	345,020
9 BMO Nesbitt	25,638	877,711	34.235	38,513	1,288,304	33.451	-12,875	410,593
72 Credit Suisse	1,400	49,420	35.30	15,400	512,232	33.262	-14,000	462,812
85 Scotia	12,189	416,900	34.203	30,483	1,055,526	34.627	-18,294	638,626
TOTAL	444,712	15,099,427	33.953	444,712	15,099,432	33.953	0	5