Score Prepares U.S. listing after 230% Surge

Score Media and Gaming Inc. won shareholder approval for a stock consolidation Wednesday, putting the company in a better position to list south of the border. The sports media and online betting company sought approval to consolidate shares in preparation for a u.s. stock listing, as it seeks exposure to a broader investor base and deeper capital markets. Some exchanges require a minimum per-share price for listings. Toronto-based Score Media fell 3.5 per cent Wednesday to $4.99 after six straight daily gains. It’s up about 230 per cent this year, making it the top performer in the roundhill Sports betting & igaming ETF (betz) and bringing the company’s market capitalization to about $2.2 billion. domestic prospects for sports betting legalization and its u.s. betting app have been a key driver for Score Media’s shares.