Fanatics' betting moves starting to mount

Lots to update everyone on this week with regard to hire-happy Fanatics, beginning with CEO Michael Rubin making official his intent to sell his 10% stake in Harris Blitzer Sports & Entertainment, owner of his beloved 76ers and the Devils. It was a transaction necessitated by his entry into the gambling business.

That foreshadowed Maryland regulators' partial approval of Fanatics for its first sports betting license, which came a day later -- the same day that CNBC reported that Fanatics was in talks to acquire sportsbook operator Tipico, which is up and running in New Jersey and Colorado and has market access in a handful of other states through a deal with Caesars.

Then, earlier this week, the Washington Business Journal found a paper trail that has Fanatics looking to open its first retail location at FedExField, a likelihood teased a couple of months ago when the company posted job openings for managers of a sportsbook in D.C.

While it runs year-round, the betting season begins when football kicks off each year. You can expect Fanatics to join the fray -- if only in Maryland at the start -- by then.

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