Betfred decides to leave Maryland
The British-based operator parted with Long Shot’s on ‘amiable terms.’
Maryland’s Long Shot’s OTB and Betfred have opted to cease their relationship.
The two have reached “a mutual agreement for parting of ways,” according to a recent Maryland Lottery and Gaming Commission meeting.
Betfred’s retail sports wagering operations around the state are due to close on June 30, with mobile options closing on July 31.
Long Shot’s first began its partnership with Betfred nearly two years ago.
The state of Maryland is looking to add three new operators to its lineup, according to the recent meeting.
Long Shot’s is located in Fredrick County and claims to be the first female-owned business in the state to welcome a sportsbook.
In other news, Betfred USA recently partnered with US Integrity (USI) to utilize measures that will help prevent coaches, student-athletes and staff from participating in prohibited sports betting.
The company said this renewed agreement “is part of a two-fold approach to solidify the sportsbook operator oversight surrounding sports betting and prohibited bettors.”
Under the terms of the agreement, Betfred will have access to ProhiBet, which offers sportsbook operators and sports properties a secure and transparent monitoring system.
ProhiBet designed its program to function as a comprehensive solution that “monitors compliance with regulatory requirements for prohibited persons via an encrypted decentralized cross-monitoring and notification platform.” The program involves sports properties, regulators and sports wagering operators.
ProhiBet Managing Director Matt Heap said that the group is eager to work with Betfred and to continue building trust and transparency within the sports betting industry.
USI said that it remains focused on “proactively identifying irregular contest-level, officiating & wagering patterns” by examining dozens of data sets.
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