theScore Receives Conditional Approval to Graduate to the Toronto Stock Exchange

Score Media and Gaming Inc. (TSX Venture: SCR) ("theScore" or the "Company"), has announced that it has received conditional approval from the Toronto Stock Exchange ("TSX") to graduate from the TSX Venture Exchange and list the Company's Class A Subordinate Voting Shares ("Class A Shares") on the TSX.

"This is yet another milestone as we continue to scale and establish theScore as a leader in North American sports media and gaming," said John Levy, Founder and CEO of theScore. "Graduating to the TSX enables us to significantly raise our profile and increase awareness - both in Canada and beyond - around the value of our company and our unique approach in fusing media with gaming."

Final approval of the listing is subject to theScore fulfilling certain standard and customary conditions required by the TSX. Upon completion of these final listing requirements, theScore's Class A Shares will begin trading on the TSX under the existing ticker "SCR" and will be delisted from the TSX Venture Exchange. Shareholders will not be required to take any action in connection with the graduation.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Score Media and Gaming Inc.

Score Media and Gaming Inc. empowers millions of sports fans through its digital media and sports betting products. Its media app ?theScore' is one of the most popular in North America, delivering fans highly-personalized live scores, news, stats, and betting information from their favorite teams, leagues, and players. The Company's sports betting app ?theScore Bet' delivers an immersive and holistic mobile sports betting experience and is currently available to place wagers in New Jersey and Colorado. Publicly traded on the TSX Venture Exchange (SCR), theScore also creates and distributes innovative digital content through its web, social and esports platforms.

Forward-looking (safe harbour) statement

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "may", "would", "could", "will", "believes", "plans", "anticipates", "estimates", "expects" or "intends" and other similar statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Such statements reflect theScore's current views with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward looking statements, including among other things, changes in the timing and process for delisting the Company's Class A Shares from the TSX Venture Exchange and listing the Company's Class A Shares on the TSX, and those which are discussed under the heading "Risk Factors" in the Company's Annual Information Form as filed with applicable Canadian securities regulatory authorities and available on SEDAR under the Company's profile at www.sedar.com and elsewhere in documents that theScore files from time to time with such securities regulatory authorities, including its Management's Discussion & Analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results could differ materially from the expectations expressed in these forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements except as required by applicable law or regulatory requirements.