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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...
Bills To Change Sports Betting Laws In TN Slow To Move

Bills To Change Sports Betting Laws In TN Slow To Move

by Christina Monroe | Apr 8, 2021 11:35 am | Regulatory

Sports betting bills are trying to get their time with the Tennessee General Assembly to amend the current laws of the state. The proposals have to do with who will be in charge of the sports wagering industry of Tennessee moving forward and acceptable methods of...
Legislation For New TN Sports Betting Regulations Put On Hold

Legislation For New TN Sports Betting Regulations Put On Hold

by Christina Monroe | Mar 24, 2021 1:41 pm | Regulatory

Two bills that would change the accepted methods of payment at sportsbooks in Tennessee will have to wait to be heard further because more testimony is being requested. Since the suspension of Tennessee Action 24/7, the focal point of why TN HB 824 and TN SB 1029 even...
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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