Fanatics launched its online sportsbook in Maryland Thursday, becoming the 10th mobile sports betting platform available in the state.
The Maryland Lottery and Gaming Control Agency announced the launch of the newest Maryland online sports betting operator via press release. It’s the fourth state in which Fanatics has gone live, as it is also up and running in Massachusetts, Ohio and Tennessee.
Maryland Stadium Sub, LLC, doing business as Fanatics Sportsbook, was granted the license.
This launch is not Fanatics taking over the PointsBet license in the state, even though it has been announced that Fanatics would be purchasing PointsBet’s US operations.
Fanatics becomes 10th online sports betting operator in Maryland
Fanatics completed a controlled demonstration of its platform on Tuesday, May 30. During the demonstration, customers participated in live wagering while MLGCA staff monitored, making sure Fanatics complied with all required procedures and its systems functioned properly.
This is a process required of all mobile sports betting operators in Maryland.
The other nine online sportsbooks in Maryland are:
- Barstool
- BetFred
- BetMGM
- BetRivers
- Caesars
- DraftKings
- FanDuel
- PointsBet
- SuperBook
Seven of those were live when the state launched online sports betting on Nov. 23, 2022. While Fanatics was approved for launch back then, it was not yet ready.
There are also 10 retail sports betting locations in the state, including Maryland Stadium Sub at FedEx Field.
Through the first five-plus months of online sports betting in Maryland, more than $2 billion has been wagered, and $13.5 million has been paid to the state.
Fanatics Maryland launch comes before PointsBet takeover
In mid-May, it was announced that Fanatics would be purchasing PointsBet’s US operations. How that would impact the timing of a Fanatics launch in Maryland was still a question at the time.
Now, it appears that it won’t. At least not yet.
With Fanatics launching on its own with a license separate from PointsBet, bettors in the state will have both as an option, at least until PointsBet closes up shop. That’s expected to occur later this summer.
