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The sports betting graveyard: Key 2024 trend is smaller companies exiting the US

The sports betting graveyard: Key 2024 trend is smaller companies exiting the US

While BetMGM, Caesars Sportsbook, DraftKings, ESPN Bet, Fanatics and FanDuel continue to grow their customer databases and jockey for market share in sports betting, many of the smaller and often independent platforms have disappeared, leaving consumers with fewer choices. This story originally ran in the December 2024 issue of GGB Magazine. This year was the...

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Betr Legal in Maryland

Betr Legal in Maryland

Huge Step Forward 💸 According to betting news, Jake Paul and Joey Levy’s sports betting app, Betr, just scored a win in Maryland! They officially landed an online sports betting license. This is a big deal for Betr, considering Maryland’s growing and competitive sports betting market. The Maryland Sports Wagering Application Review Commission (SWARC) gave...

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Betr awarded Maryland wagering licence

Betr awarded Maryland wagering licence

Microbetting wagering platform Betr was awarded its Maryland license at a Sports Wagering Application Review Commission (SWARC) meeting Wednesday (26 June) morning. The company must still go through a controlled demonstration before launch. Betr is live in two other states — Ohio and Virginia — after it exited Massachusetts earlier this year. Betr also has...

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Betr Awarded Maryland Online Sports Betting License

Betr Awarded Maryland Online Sports Betting License

Betr was awarded a Maryland online sports betting license Wednesday by the Maryland Sports Wagering Application Review Commission, moving the betting app close to an official launch in Maryland. Betr still needs to go through a controlled demonstration with the Maryland Lottery before officially going live in the state. The sports betting app, which was...

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The Surprising Decision

The Surprising Decision

Betfred to withdraw Maryland: Time to Go Digital 💸 In a surprising turn of events, Betfred has announced its decision to withdraw from Maryland’s sports betting market. Typically, betting news revolves around new companies entering the market or offering fresh services to bettors. However, this time, it’s about a significant exit. Uncover Exclusive Picks &...

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Betfred To Leave Maryland Betting Market, Bally’s To Enter

Betfred To Leave Maryland Betting Market, Bally’s To Enter

Betfred is leaving Maryland’s sports betting market, it was shared at Thursday’s Maryland Lottery meeting. While one online operator is leaving the state, two new operators (VSC and Bally Bet) are expected to soon enter the state’s digital sports betting marketplace. Betfred had been partnered with Long Shot’s in Frederick, but both the retail and...

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Betr Receives Initial Approval For Maryland Sports Betting License

Betr Receives Initial Approval For Maryland Sports Betting License

Betr received initial approval Thursday from the Maryland Lottery to receive a Maryland sports betting license. The online sports betting operator founded by Jake Paul and Joey Levy still needs to receive approval from the state’s Sports Wagering Application Review Commission and another final approval from the lottery before it can go live. It’s unclear...