Canadian-based theScore recently received a huge investment from a multi-billion-dollar manager of investments. Fengate Asset Management has awarded theScore CAD $40 million to help the company develop their mobile sports betting applications. The investment, according to reports, will be purchased with an 8% interest rate annually, with the note maturing at the end of August in 2024. theScore is one of the first true sports media and entertainment companies to enter the sports betting arena. In August, theScore received approval from the New Jersey Division of Gaming to enter the state and offer a sports gaming app to players in the Garden State. And, according to company officials, they plan to expand their offerings to other locations in the future as well.