The Maryland sports betting industry continues to grow with the launch of the state’s 11th sportsbook operator, Crab Sports.
Crab Sports is a local player in the market and a minority-owned business that benefited from the local focus of the state’s sports betting regulations. Crab Sports proudly reported to the state lottery that the organization boasts more than 50% ownership involving women and racial minorities.
While the operator is locally based, the platform comes from a recognized name in sports betting, Gaming Innovation Group (GiG). The GiG-powered app version of Crab Sports should be available in the next few weeks. For now, Crab Sports is only available in browser format. Those hoping to use the browser will need to download third-party geolocation software Xpoint Verify in order to place bets.
“It’s great to be launching with a localized brand like Crab Sports, sharing their vision that Maryland, and indeed the wider US market, can benefit from the opportunities of a strong partnership between operator and provider, building a unique and personalized customer experience that is tailored for local interests. This differentiation, we believe, can help our partners compete with the other leading online operators and capitalize on what is a burgeoning marketplace,” said GiG CCO Marcel Elfersy.
“We are incredibly excited to be launching Crab Sports in Maryland alongside the GiG team. Together, we have accomplished a tremendous amount to reach this milestone and we’re delighted that our partnership has delivered a product to help us compete with the best in the market. We are looking forward to demonstrating the power of our localized approach and our shared bright future ahead,” added Derek Baker of Crab Sports.
Since launching in November 2022, the Maryland online sports betting industry has accepted roughly $2.6 billion in bets. Like other markets, FanDuel and DraftKings are the dominant players in the space. Smaller operators like Betfred and SuperBook are also operational in the state.