Thu. Mar 28th, 2024
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In a major merger news coming from the gaming sector, it has been announced by the Penn National Gaming that it has acquired Score Media and Gaming.

The purchase of the Canada based Score Media is one of the highest paying deals in the year 2021 where Penn National is all set to enhance its offerings to the customers.

Recently, Penn National acquired Barstool Sports and the Score Media acquisition is valued at $2 billion.

As per Gambling Insider, Penn National President and CEO, Jay Snowden said: “We are thrilled to be acquiring theScore, which is the number one sports app in Canada and the third most popular sports app in all of North America. theScore’s unique media platform and modern, state-of-the art technology is a powerful complement to the reach of Barstool Sports and its popular personalities and content.”

John Levy, Chairman and CEO of theScore, added: “This deal brings together two companies that share a vision for how media and gaming intersect, and we could not be more excited to join the Penn National family.

“I’m proud of theScore team and all of our accomplishments, and believe the time is right to take the next step and align with a company in Penn National with the resources and scale to accelerate our business. We are excited to join forces with Penn to form the most powerful media and gaming company in North America.”

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