Microbetting wagering platform Betr was awarded its Maryland licence at a Sports Wagering Application Review Commission (SWARC) meeting on Wednesday (26 June) morning. However 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 a temporary licence in Indiana but has not launched there yet.
Owned by YouTube star and boxer Jake Paul and Joey Levy, Betr is among a handful of smaller betting companies that have been able to find success in crowded markets.
Maryland’s lottery commission in May signed off on Betr’s Maryland wagering licence. But in Maryland, SWARC is the only group that has the authority to issue a licence.
Betr will enter Maryland just as BetFred, which gave up its Maryland wagering licence, is exiting. At the same time, Veterans Services Corporation (VSC) is set to launch. VSC is pointing to a 1 July launch. It is a British-ba..