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Fanatics’ sports betting arm found suitable for license in Maryland

24th June 2022 10:40 am GMT
Fanatics
Playtech

Online sports apparel retailer Fanatics has secured preliminary approval to enter Maryland’s regulated sports betting market.

The Maryland State Lottery and Gaming Control Commission approved Fanatic’s FBG Enterprises Opco as a suitable entity for licensure Thursday, with the final license award subject to approval by Maryland’s Sports Wagering Application Review Commission (SWARC).

The approval by the Lottery and Gaming Control Commission follows the sale earlier this week of Fanatics chief executive Michael Rubin’s stake in Harris Blitzer [...]

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