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Tennessee Bills To Stop Payday Loan Sportsbook Funding Pulled

Tennessee Bills To Stop Payday Loan Sportsbook Funding Pulled

by Christina Monroe | Apr 16, 2021 12:10 pm | Regulatory

Tennessee Action 24/7 Sportsbook will still be able to take deposits through payday loans provided by their loan agency Advance Financial 24/7. House Bill 824 and Senate Bill 1029 that sought to stop loan agencies from being used as a method for funding sports betting...
New Tennessee Sports Betting Bill Looks To End Deposits Via Loans

New Tennessee Sports Betting Bill Looks To End Deposits Via Loans

by Christina Monroe | Feb 12, 2021 12:22 pm | Regulatory

A Tennessee sportsbook also owns a loan agency that will give loans to players to gamble on sporting events. Two bills have been filed with the Tennessee General Assembly to ban financial companies to offer loan services for the purposes of sports wagering. NASHVILLE,...

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