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Michael Rubin wants Fanatics to be No. 1 in betting. Tuesday’s results in Nebraska and Congress made that climb steeper

Michael Rubin wants Fanatics to be No. 1 in betting. Tuesday’s results in Nebraska and Congress made that climb steeper

Photo: Fortune Crypto

Michael Rubin does not like third place. “For Fanatics, we believe we need to be number one in whatever we do,” the founder and CEO of Fanatics said in an October interview on CNBC’s Squawk Box . In sports betting, he admitted, “We’re a distant No. 3 in the betting and gaming business. We don’t like that.” Tuesday’s elections made that climb steeper. Nebraska voters rejected a pair of ballot measures that would have legalized online sports betting, with Initiative 441 failing 54.5% to 45.5% in unofficial returns .

Source: Fortune Crypto

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