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Toronto-based Score Media and Gaming sold to Penn National in US$2 billion deal – Global News

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Toronto-based Score Media and Gaming Inc. is being acquired by U.S.-based Penn National Gaming Inc. in a US$2-billion cash and stock deal.

The deal announced Thursday will bring together Score Media’s popular theScore mobile sports news app, as well as its betting services in four U.S. states, with Penn National’s dozens of gaming and racing properties across 20 states.

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The acquisition of Score Media and Gaming adds to Penn National’s holdings in sports media after it bought a 36 per cent stake in Barstool Sports Inc. in 2020.

Read more:
Single game sports betting about to become legal after Senate passes bill

“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,” said “Jay Snowden, chief executive of Penn in a release. ”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.”

The deal will see Score Media and Gaming shareholders getting US$17 a share in cash plus 0.2398 of a Penn National stock for each theScore share, making the deal roughly half in cash.

News of the deal sent Score’s share price up more than 80 per cent, or $14.69, to $32.83 in mid-afternoon trading on the Toronto Stock Exchange.

John Levy, chief executive of theScore, said in a statement that the timing was right to join with a company of Penn National’s resources and scale.


Click to play video: 'Single-event sports gambling set to become legal in Canada'



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Single-event sports gambling set to become legal in Canada


Single-event sports gambling set to become legal in Canada – Jun 26, 2021

“This deal brings together two companies that share a vision for how media and gaming intersect,” said Levy. “With Penn’s support, we will continue to invest in building our Canadian operations, growing our footprint and expanding our workforce.”

Penn National says it plans to operate theScore as a stand-alone business that will remain headquartered in a Toronto-office.

The deal comes as Canada moves toward legalized single event sports betting after the Senate passed Bill C-218 in June.

The Alcohol and Gaming Commission of Ontario says it expects there to be an internet gaming market in the province by the end of the year.

© 2021 The Canadian Press

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Taylor Swift's new album apparently leaks, causing social media chaos – CBC News

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The hype for Taylor Swift’s new album went into overdrive as it appeared to leak online two days ahead of its Friday release.

Swifties started sharing tracks on X that they claimed were from the singer’s upcoming album, The Tortured Poets Department, saying they came from a Google Drive link containing all 17 songs.

Some fans were upset by the leak and said they would wait until Friday to listen while others started frantically posting fake links on X to bury the “real” tracks.

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“Raise your hand if ur an ACTUAL Taylor Swift fan and aren’t listening to leaks,” one user wrote.

Several media outlets reported that X briefly blocked the search term “Taylor Swift leak” on Wednesday.

CBC has reached out to Swift’s publicist for comment.

Swift announced the release, her 11th studio album and the first with all new songs since 2022’s Midnights, at the Grammy Awards ceremony in February.

Fans have been speculating about the lyrical themes that would appear on The Tortured Poets Department, based in part on a physical “library installation” that opened Tuesday in Los Angeles, curated with items that drop hints and references to the inspirations behind the album.

Swift’s 2022 album Midnights, which featured the hit Anti-Hero, also leaked online ahead of its scheduled release date, and went on to win the Grammy for album of the year. Swift’s previous albums 1989, Reputation and Lover also leaked ahead of their official releases. 

The singer is in the midst of her billion-dollar-grossing Eras tour, which is moving through the U.S. and is scheduled to conclude in Vancouver in December. 

Swift was added to Forbes magazine’s annual new billionaires list earlier this month, with Forbes saying she was the first musician to become a billionaire based solely on her songs and performances. 

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DJT Stock Jumps. The Truth Social Owner Is Showing Stockholders How to Block Short Sellers. – Barron's

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DJT Stock Jumps. The Truth Social Owner Is Showing Stockholders How to Block Short Sellers.  Barron’s

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Taylor Swift's new album allegedly 'leaked' on social media and it's causing a frenzy – CTV News

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Social media can be a divisive place, but even more so when it comes to Taylor Swift.

A Google Drive link allegedly containing 17 tracks that are purportedly from Swift’s eagerly awaited “The Tortured Poets Department” album has been making the rounds on the internet in the past day and people are equal parts mad, sad and happy about it.

CNN has reached out to Swift’s representative for comment.

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The actual album is slated to drop at midnight Friday, but the claimed leak is both being hailed and nailed by Swift’s supporters.

One person shared a drawing of a young woman asleep in a sparkly bed with sparkly blankets on X, writing, “How I slept last night knowing I’m going to hear TTPD for the very first time tonight cause I haven’t listened to any leaks.”

Yet another person posted a video of two models walking and wrote, “Me and my bestie on our way to listen to #TSTTPD leaks.”

On Thursday, “Taylor Swift leaks” was a prevented search phrase on X.

The general consensus among those who have decided to be “leak free” appears to be that they are the true Swifties – as her hard core fan base is known – because they don’t believe the singer would have sanctioned such a “leak.”

Swift herself has gone to great lengths to prevent unintended early releases in the past.

“I have a lot of maybe, maybe-not-irrational fears of security invasion, wiretaps, people eavesdropping,” Swift said of her music during an 2014 appearance on” Jimmy Kimmel Live.” She added that her “1989” album only existed on her phone, “covered in cat stickers and the volume buttons don’t work very well because there’s candy stuck in there,” for nearly two years.

“The Tortured Poets Department” is Swift’s 11th album and comes after she became the first woman and only solo artist to win the Grammy for album of the year three times.

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