theScore Media and Gaming Inc. have announced their support for the implementation, within its 2020 budget – Protect, Support, Recover – of legislation in place by the Ontario Provincial Government to facilitate the development in the province of igaming.
The province confirmed that, if passed, this legislation would give authority to the Alcohol and Gaming Commission of Ontario (AGCO) to manage the relationship between the provincial government and private igaming operators through a dedicated subsidiary.
John Levy, Founder and CEO of theScore, said: “We fully support this action by the provincial government that moves us a significant step closer towards safe and regulated sports betting in Ontario. Canada is theScore’s home turf and we are eager to bring our award-winning sportsbook, theScore Bet, to our highly engaged fans across Ontario, a huge market with a population larger than all but four US states.
“We’re also encouraged by the province’s commitment to continue to work with the federal government in their effort to legalize single-event sports wagering in Canada, where legislation to effect this change was debated in the House of Commons earlier this week.”
The government of Ontario and the AGCO are now going to work on creating a regional igaming market for the Score and other major stakeholders, “reflect consumer preferences and foster an exciting gaming experience, while ensuring that appropriate responsible gaming protections are in place.”