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Sports media giant theScore has taken a major step in its effort to expand its mobile sports betting platform in the United States when it announced it has signed a 20-year deal with the largest regional gaming operator in North America, Penn National Gaming Inc.
This transaction gives theScore the opportunity to enter the market and offer mobile and online bets in each of the 11 states where Penn National Gaming currently operates racetracks and casinos. Penn National has also invested financially in theScore by taking a stake in the company.
In the world of online games, the term "skin" refers to the number of brands that a racetrack or casino can offer. Now that this partnership is in place, theScore acquires the "first skin" access rights to the Mississippi and Lousiana, as well as the "second skin" rights of Indiana, Iowa, Missouri, Ohio and Texas. "Third Skin Rights" will also be available in Michigan, Mbadachusetts, Maine and Kansas.
State laws and regulations will ultimately dictate where and how one can operate in each country.
John Levy, CEO and founder of theScore, said, "The conclusion of this coveted partnership with Penn National is a major step in our goal to become a leading mobile sports betting company in the United States."
"We are delighted that Penn National believes in and has invested in our vision of an integrated approach to media and sports betting and we look forward to unveiling the best mobile betting experience we've built for sport."
Jon Kaplowitz, senior vice president of interactive games for Penn National Gaming, shared his thoughts on the deal.
"TheScore has been a pioneer in the sports media landscape for years and we are excited to form a strategic partnership with John and his team as they embark on the first truly integrated platform for sports betting and sports media."
For sports enthusiasts, theScore has long been a must-have app for keeping up to date with the latest news and events in the world of sports. With over four million monthly users, TheScore's mobile app is one of the most popular of the market and their entry into the sports betting field will achieve their goal of becoming the first media company to operate a sportsbook platform in North America.
For the moment, theScore is still about to launch its mobile sports betting application in New Jersey, which, pending the final approval of the state games application department. , will feature an exclusive platform powered by sports betting provider Bet.Works.
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Sports media giant theScore has taken a major step in its effort to expand its mobile sports betting platform in the United States when it announced it has signed a 20-year deal with the largest regional gaming operator in North America, Penn National Gaming Inc.
This transaction gives theScore the opportunity to enter the market and offer mobile and online bets in each of the 11 states where Penn National Gaming currently operates racetracks and casinos. Penn National has also invested financially in theScore by taking a stake in the company.
In the world of online games, the term "skin" refers to the number of brands that a racetrack or casino can offer. Now that this partnership is in place, theScore acquires the "first skin" access rights to the Mississippi and Lousiana, as well as the "second skin" rights of Indiana, Iowa, Missouri, Ohio and Texas. "Third Skin Rights" will also be available in Michigan, Mbadachusetts, Maine and Kansas.
State laws and regulations will ultimately dictate where and how one can operate in each country.
John Levy, CEO and founder of theScore, said, "The conclusion of this coveted partnership with Penn National is a major step in our goal to become a leading mobile sports betting company in the United States."
"We are delighted that Penn National believes in and has invested in our vision of an integrated approach to media and sports betting and we look forward to unveiling the best mobile betting experience we've built for sport."
Jon Kaplowitz, senior vice president of interactive games for Penn National Gaming, shared his thoughts on the deal.
"TheScore has been a pioneer in the sports media landscape for years and we are excited to form a strategic partnership with John and his team as they embark on the first truly integrated platform for sports betting and sports media."
For sports enthusiasts, theScore has long been a must-have app for keeping up to date with the latest news and events in the world of sports. With more than four million monthly users, the TheScore mobile app is one of the most popular of the market and their entry into the sports betting field will make it the first media company to tap into sports betting platform in North America.
For the moment, theScore is still about to launch its mobile sports betting application in New Jersey, which, pending the final approval of the state games application department. , will feature an exclusive platform powered by sports betting provider Bet.Works.