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Penn National Gaming completes its US$2B acquisition of Score Media and Gaming Inc.

Date Closed

October 19, 2021

Lead Office



2.00 Billion USD

On October 19, 2021, Score Media and Gaming Inc. ("theScore") completed the previously announced US$2 billion acquisition by Penn National Gaming, Inc. ("Penn National").

theScore is a TSX- and NASDAQ-listed digital media company based in Toronto that owns and operates digital media and sports betting products. 

Penn National is a Pennsylvania-based owner and manager of gaming and racing properties, retail and online sports betting operations, and video gaming terminal operations.

McCarthy Tétrault LLP advised Score Media and Gaming Inc. with a team led by Robert Hansen and David Woollcombe that included Michael Shahinian, Matthew Sanders, Gianluca Mazzanti and Michael Alty (Corporate/M&A), Patrick McCay, Jeff Oldewening and Emily Leduc Gagne (Tax), Jason Gudofsky and Michael Caldecott (Competition), Miranda Lam and Xinya Wang (Litigation), Kate McNeill-Keller and Patrick Pengelly (Employment), Vincent Yip (Intellectual Property), Conrad Lee (Technology/Privacy), and Deron Waldock (Benefits).