Fanatics CEO Michael Rubin is selling his stake in Harris Blitzer Sports and Entertainment, which owns the Philadelphia 76ers and the New Jersey Devils, according to a statement.

Rubin backing out of the ownership group clears the path for Fanatics to further push into sports gambling and digital collector’s products such as NFTs. Per league ownership rules, Rubin couldn’t own part of a team and operate a gambling platform at the same time.

“As our Fanatics business has grown, so too have the obstacles I have to navigate to ensure our new business don’t conflict with my responsibilities as part-owner of the Sixers,” Rubin said in his statement.