Finance

TheScore reports $2m in fiscal Q2 losses despite record handle

Losses for three months to February 28 partly attributed to IPO costs as betting handle grows in New Jersey

TheScore Bet reported record betting handle of $65.1m (C$81.6m) in the three months to February 28, 2021, up 491% year on year. Handle in New Jersey rose 200% on the previous year. However, the Toronto-headquartered operator, which is live with online sports betting in New Jersey, Colorado, and Iowa, recorded net revenue losses of $1.9m…

Finance

Latest