We are highly encouraged by the early foothold that we
have established in this fast growing industry and we are
well equipped to continue our expansion across North
America. We believe the quarter with successful launches
of theScore Bet in Colorado, I’m sorry, we began the
quarter with the successful launches of theScore Bet in
Colorado and Indiana and we’re preparing to debut in Iowa
in the coming weeks, subject of course to regulatory
approval. Now, with marquee sporting events coming up,
including the Super Bowl and our first NCAA tournament
as an operator, we are extremely well positioned to
continue on this growth trajectory.
Of course, one of the markets we hope to be operating in
soon is on our home turf in Canada. We estimate a market
potential for online gaming here of between US$3.8 billion
and US$5.4 billion in annual gross gaming revenue based
on historical data extrapolated from the legal online
gaming markets in the US and globally. Ontario alone is a
huge market with population larger than all but four US
states. 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strong momentum to amend Canada’s outdated federal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 and
we have been actively participating in those conversations
at both the federal and provincial levels. 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.
This sports betting company may be a darkhorse. Still doing some research but it passes the COVID recovery potential check. I could be wrong of course.
What do you think?
Like Follow Agree Disagree!
have established in this fast growing industry and we are
well equipped to continue our expansion across North
America. We believe the quarter with successful launches
of theScore Bet in Colorado, I’m sorry, we began the
quarter with the successful launches of theScore Bet in
Colorado and Indiana and we’re preparing to debut in Iowa
in the coming weeks, subject of course to regulatory
approval. Now, with marquee sporting events coming up,
including the Super Bowl and our first NCAA tournament
as an operator, we are extremely well positioned to
continue on this growth trajectory.
Of course, one of the markets we hope to be operating in
soon is on our home turf in Canada. We estimate a market
potential for online gaming here of between US$3.8 billion
and US$5.4 billion in annual gross gaming revenue based
on historical data extrapolated from the legal online
gaming markets in the US and globally. Ontario alone is a
huge market with population larger than all but four US
states. 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 and
we have been actively participating in those conversations
at both the federal and provincial levels. 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.
This sports betting company may be a darkhorse. Still doing some research but it passes the COVID recovery potential check. I could be wrong of course.
What do you think?
Like Follow Agree Disagree!