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Maryland Lottery gives Betr initial approval for sports betting licence

Licences & markets

Maryland Lottery commissioners gave Betr initial approval to receive a sports betting licence, the source reported. Betr still needs approval from the Sports Wagering Application Review Commission and final approval from the lottery before it can launch. One commissioner voted against advancing the approval process, citing concerns about the company’s future performance projections.

Betr cannot launch in Maryland until it secures the remaining approvals.

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Regulation

MGC requires licensed sports betting operators to display approval seal

The Massachusetts Gaming Commission adopted an official seal that licensed sports betting operators in the state must display on their digital platforms. The commission says the seal is intended to help consumers identify platforms it licenses and regulates; it lists Bally Bet, BetMGM, Caesars Sportsbook, DraftKings, Fanatics Betting & Gaming, FanDuel and Penn Sports Interactive, which operates as ESPN Bet.

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