Operator theScore Bet set to discontinue US operations on 1 July
The sportsbook arm of digital media company theScore has announced plans discontinue its operations in the US from 1 July 2022
The sportsbook limb of digital media fellowship theScore has announced plans cease its trading operations inward the US from 1 July 2022.
After opening night its world-class US sportsbook inwards New Jersey inwards 2019, theScore Bet and then went on to offering its services in Colorado, IA and Indiana.
However, the company has now alerted customers that, as of 1 July, it will cease to run inwards the US but will stock-still extend services to its Ontario customers.
The main ground for this could follow its takeover by Penn National Gaming inward 2021. Penn National already has a warm US brand, patch theScore is more pop in its indigen Canada.
In an FAQ on its website, theScore Bet clarified it will stoppage accepting all US-based deposits and wagers on 15 June, and from that particular date until 1 July US customers testament only if have got the alternative to draw off pecuniary resource from their accounts.
The FAQ went on to discuss undischarged bets, stating that all bets countersink to follow completed on or before 1 July testament be settled as normal. However, customers who feature bets that will follow completed after this appointment will want to hold off to try directly from theScore Bet, and will be presumption further inside information at that time.
Elsewhere, William Penn National also owns Barstool Sportsbook, and theScore's statement confirmed that US customers in 12 states, including New Jersey, Colorado, Iowa and Indiana, would ease hold get at to the total services of Barstool.
This decision to cease US operations comes after theScore Bet seemingly struggled to piss a substantial securities industry impact. It held less than 1% market apportion in an April study on Indiana sports betting, and the same month inward Iowa saw a 5.1% securities industry percentage for theScore Bet and Barstool combined.
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