GiG Gets Maryland, Pennsylvania Licenses

Betting operator Gaming Innovation Group announced this week that it has secured gaming licenses in Maryland and Pennsylvania, letting the company begin offering services in both jurisdictions.

The Maryland license will allow GiG to launch its Crab Sports brand in the state to allow for online sportsbetting. Crab is expected to launch in May of this year, and comes after Maryland launched the market last November. The Pennsylvania license will see GiG providing games to brands in the Keystone State. The name of the partner that GiG is working with there wasn't named.

North America is seen as a market of opportunity for GiG, which is already live in New Jersey and Iowa in the States, and has launched operations in the Canadian province of Ontario.

Regarding the licensing, GiG general counsel Claudio Caruana said, "Having placed a strong focus on expansion in regulated markets, we're understandably pleased with the confirmation of our licenses in two new US states.

"Regulation will continue to drive the industry in North America, as markets mature, allowing us to support and protect operators and their customers, establishing suitable, robust frameworks for sustainable growth."

Company CCO Marcel Elfersey added: "With our plans to open our new US hub later this year, our new licensed status in these very attractive online markets creates further opportunity for us to add value for new and established partners in the region.

"We're excited about the possibilities these new states provide, starting with the launch of Crab Sports in Maryland in May on our PAM and sportsbook."