Powered by:
as known from New York Timesas known from USA Todayas known from yahoo!
VA
Contains commercial content
The Grueling Truth - Where Legends Speak / Fanatics gets approval for operating in Maryland, now looks for SWARC’s

Fanatics gets approval for operating in Maryland, now looks for SWARC’s

Publish Date: 06/27/2022
Fact checked by: Mike Goodpaster

The Maryland Lottery and Gaming Control Commission approved the construction of a Fanatics-owned retail sportsbook in the state as decided at a monthly meeting last week. The vote came out unanimously in favor of the sportsbook. The commission said the financial condition of Fanatics is a major factor in the decision. Check out the best bookmakers for betting on sports.

“Fanatics Holdings has sufficient liquidity to meet its financial obligations and working capital requirements for the foreseeable future,” the commission said.

Check out the top sportsbooks for betting on sports

Bet365
4.7/5
Bet365 Review
First Bet Safety Net up to $2000 OR Bet $5 and Get $200
T&Cs apply, 21+
Visit Site
At bet365 we don’t do ordinary, that’s why if you sign up now you’ll get the choice of two great New Customer Offers, the First Bet Safety Net up to $2000 or Bet $5 and Get $150 in Bonus Bets. Deposit required. Bonus Bets wager excluded from returns. T&Cs, time limits and exclusions apply. Gambling Problem? Call 1-800-Gambler 21+
BetMGM
4.7/5
BetMGM Review
Bet $5 Get $150 Instantly in Bonus Bets
T&Cs apply, 21+
Visit Site
FanDuel
4.6/5
FanDuel Review
Bet $5 Get $150 in Bonus Bets
T&Cs apply, 21+
Visit Site

“Additionally, the Company’s financial ratios and margins are generally favorable and its auditors have not expressed any concern with the Company’s financial condition or operations.”

Fanatics now needs the approval of the Sports Wagering Application Review Commission to start operating. Even so, the sports apparel and trading card company has not yet announced the location of the sportsbook.

Fanatics founder Michale Rubin is selling interest in Harris Blitzer Sports & Entertainment, owner of Philadelphia 76ers of NBA and the New Jersey Devils of NHL. Observers said Rubin’s stake withdrawal is to not cross the league rules concerning team owners’ and gaming companies’ relationships.

In 2020, the people of Maryland voted to legalize sports betting and Maryland’s casinos will be automatically granted licenses for in-person sports betting. But, no sportsbook is live yet as of now. Sports wagering is currently only live in five land-based casinos across the state.

Governor Larry Hogan (R-MD) looks toward the NFL 2022 season and hopes for a faster regulatory process and issuing of licenses by the SWARC.

“It has been nearly two years since Maryland voters resoundingly approved sports wagering in November 2020, and well over a year since I signed HB 940 into law in May 2021,” Hogan said to SWARC earlier in June.

“Instead of decisive action to implement the voters’ decision, you have allowed the process to stagnate and become mired in overly bureaucratic procedures that have needlessly delayed the state’s ability to maximize the revenue potential of this emerging industry.”

Read Also
Indiana Basketball Weekly
Welcome to Indiana Basketball Weekly, your dedicated podcast for all things Indiana ...
When Will Fanatics be legal in Kentucky? Fanatics KY Guide for March 2024
Kentucky has recently become the 37th US state to legalize sports betting. ...
Bet365 Promo
Fanatics gets Category 3 sports betting license in Massachusetts
In a recent announcement, Fanatics Holding revealed its plans to launch its ...
Come Fly with me: How the 1988-89 Chicago Bulls pushed forward to an NBA dynasty.
Find the best sportsbook to bet on the NBA Playoffs! Prologue: By ...
Esteban de Jesus, Roberto Duran y AIDS (1972-89)
Many of us dream of celebrity sports fame, but only cruel individuals ...
Grading every NFL team’s picks from the 2021 NFL Draft
Quickly, click away if you’re going to get upset by reading draft ...
Peter Maher: An Irish Tribute
INTRO: I was seriously ill in 2018 with 7 nights in the ...
Ranking the top 200 players in the NFL ahead of the 2021 season
This list isn’t based solely on performances from the 2020 NFL season. ...
Belinda Laracuente, The Puerto Rican Road Warrior Who Dished Out Brown Sugar By the Fistful
Anyone. Anytime. Anywhere. Belinda Laracuente was a boxer who not only embraced ...
Top Brands
Top Bonuses
Stake.us
Stake.us
Stake.us Review
4.7/5
McLuck
McLuck
McLuck Review
4.7/5
Sweeptastic
Sweeptastic
Sweeptastic Review
4.6/5
High5Casino
High5Casino
High5Casino Review
4.5/5
Wow Vegas
Wow Vegas
Wow Vegas Review
4.5/5
Sportzino
Sportzino
Sportzino Review
4.5/5
Fortune Coins
Fortune Coins
Fortune Coins Review
4.5/5
Pulsz.com
Pulsz.com
Pulsz.com Review
4.5/5
Vegas Gems
Vegas Gems
Vegas Gems Review
4.5/5
Funrize
Funrize
Funrize Review
4.4/5
Stake.us
Stake.us Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
T&Cs apply
4.7/5
McLuck
McLuck Bonus
Up to 57.500 Gold Coins + 27.5 Free Sweepstakes Coins
T&Cs apply
4.7/5
Sweeptastic
Sweeptastic Bonus
40,000 LC + 40 Free SC for $19.99
T&Cs apply
4.6/5
High5Casino
High5Casino Bonus
5 Sweeps Coins + 250 Game Coins + 600 Diamonds
T&Cs apply
4.5/5
Wow Vegas
Wow Vegas Bonus
1.5 million WOW Coins + 35 Free Sweepstake Coins for $9.99
T&Cs apply
4.5/5
Sportzino
Sportzino Bonus
Get 150,000 GC + 6 FREE Sweeps Coins
T&Cs apply
4.5/5
Fortune Coins
Fortune Coins Bonus
Claim Your Free 630,000 Gold Coins & 1,400 Sweeps Coins
T&Cs apply
4.5/5
Pulsz.com
Pulsz.com Bonus
367,000 Gold Coins + FREE 32.3 Sweepstakes Coins
T&Cs apply
4.5/5
Vegas Gems
Vegas Gems Bonus
1000 Gems + 50% Extra gems On Your First Shards Purchase
T&Cs apply
4.5/5
Funrize
Funrize Bonus
Up to 75,000 Free Coins
T&Cs apply
4.4/5
Join Our Sweepstakes Casino Community
Our Team
Mike GoodpasterJosh SchwartzSimon BriffaMark LewisSamuel Teets
Mike Goodpaster
Mike Goodpaster
Chief Editor
Josh Schwartz
Josh Schwartz
Editor
Simon Briffa
Simon Briffa
Sports Editor
Mark Lewis
Mark Lewis
Editor
Samuel Teets
Samuel Teets
US Sports Veteran
Find out what the legends have to say about sports this week....
Find out what the legends have to say about sports this week....

Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

21+NCPG
Close
Players accepted in the US US Flag
Stake.us Exclusive Bonus
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
Promo Code
Copy
Visit Site
T&Cs apply, 18+
Payment Methods
Bitcoin
Litecoin
Ethereum
Dogecoin
Highlights
  • Exclusive promo code: TGTSOCIAL
  • Play Plinko, Hilo, Crash and more!
  • Get Stake Cash bonuses every day!
Stake Originals
Dice
Crash
Plinko
Mines
×
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Visit Site