Toronto-listed Score Media and Gaming has posted a net loss of CAD$12.7m for the first quarter ended 30 November, as total revenue fell by 8 per cent to $8.5m.
Revenue from media activities rose by 15 per cent year-on-year to a record $10.6m, primarily driven by strong growth in direct advertising in the US and Canada compared to the same period last year.
The company’s sports betting segment generated handle of $55.8m during the quarter, although after [...]
