TheScore Bet is ready for a riveting next year as it recently announced its plans for expanding its footprint in New Jersey. Score Digital Sports Ventures Inc. inked an agreement for collaboration with Twin River Worldwide Holdings, Inc. for the official launch of a premium online gaming product for local players to enjoy. This will happen in the second half of 2021.
Expanding its presence is among the main goals of every company seeking to reach more individuals and possibly influence their life in a positive way. TheScore Bet is among the leading online locations for the people interested in betting on sports events whenever they feel like it. The online space allows them the chance to explore everything up for grabs.
Online Gaming Platform
Now it is time for the online gaming leader to expand its influence in the New Jersey market and reach new people potentially interested in what it has up for grabs. The new collaboration comes as a result of an agreement between Twin River and the Toronto-based Score Media and Gaming Inc. the parent company will aim to see its subsidiary achieve a lot in the online gaming field of New Jersey.
The agreement is going to cover the upcoming 10 years of online operation and individuals interested in online gaming are projected to enjoy everything up for grabs. Expectations are that the online casino platform would see its first patrons enjoying everything it has in store in the second half of 2021.
This timeline of the launch is impacted by the mandatory licenses and regulatory approvals the New Jersey Division of Gaming Enforcement has to issue. Along with those, Twin River will also have to complete the pending acquisition of Bally’s Atlantic City Hotel & Casino in Atlantic City, New Jersey. This is when the online gambling platform will get the chance to official launch operation and change people’s lives for good.
Toronto-based Leader
John Levy, Founder and Chief Executive Officer of theScore, pointed out that this expansion of the company’s portfolio has been in the works for quite a while. Sports betting is an intriguing offering and players have been enjoying it in all its forms, but now it is time for a new adventure involving online casino gaming for the people needing a new challenge.
The Toronto-based leader wants to be able to provide players with the well-rounded gaming experience they deserve, which could happen with online gaming in New Jersey. George Papanier, President and Chief Executive Officer of Twin River Worldwide Holdings, said that the new partnership will enhance the stay of hotel guests, as they will get the chance to explore the wide portfolio of online casino products in store.
The first decade of this collaboration is covered by the recently inked agreement and it should be noted that it could be extended by a five-year renewal term. If everything goes according to plan, the upcoming two decades of Twin River online gaming could see support from TheScore Bet. The former is projected to bag a slice of the gaming revenue amassed.