About six months ago, Fanatics completed a historic acquisition of PointsBet after long weeks of intense negotiations. The deal officially cost $225 million and transferred full control of PointsBet casino and sports betting assets in 14 states. Since then, Fanatics Sportsbook has gone live in seven jurisdictions, including Massachusetts, Ohio, Kentucky and West Virginia.
Michigan remains one of the major states where Fanatics is looking to kick start its operations in due course. Thankfully, one of the many states required for a Fanatics launch has now been completed after the Michigan Gaming Control Board (MGCB) approved the transfer of positions from PointsBet to Fanatics.