LetsBetMD launched on Monday with an emphasis on esports, hoping to carve out a profitable space in a competitive field.
Maryland’s sports betting market is getting a fresh face this summer.
Behind the curtain, LetsBetMD is under the license of Veterans Services Corporation who has partnered with Bee-Fee LLC. Bee-Fee, a London company with no licenses in the U.S., supplies the betting platform, among other things. Veterans Services Corporation has a history in the DMV that bettors in Washington, D.C. are fully aware of. VSC and Intralot were the companies behind GambetDC, the only online sportsbook in the nation’s capital . That operator struggled to see the quantity of wagers they expected when they were awarded the monopoly. Now after replacing GambetDC with FanDuel, they are considering further changes. Maryland, like most other legal betting states, is dominated by FanDuel and DraftKings.
In May, there were 12 mobile operators, which means that the remaining eight were fighting for just 10% of the money. , Crab Sports chose the state to develop a niche audience and they are sitting at the bottom of the list of operators. LetsBetMD currently has a quick shortcut on their app that directs bettors to esport games, a function not found easily with the other sportsbooks. If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so. It is your sole responsibility to understand your local laws and observe them strictly.
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