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 when the betting app might be ready to go live in Maryland.
Betr is currently operational in Ohio and Virginia, with plans to go live in Colorado, Kentucky, Indiana, and Pennsylvania at some point in the future. Betr operated in Massachusetts before officially leaving the market earlier this year. The operator struggled to gain a foothold in the Massachusetts sports betting market, accounting for less than 1% of market share.
Financial questions
Betr's financial troubles were the subject of a brief discussion among lottery commissioners.