Tennessee Sportsbooks Report Record Betting Handle In January

by Giovanni Shorter | Feb 23, 2022 1:24 pm | Revenue

Tennessee sportsbooks reported $386,059,756 in betting handle for January 2022, beating the previous record set in October. Sportsbooks also saw $29,087,518 in sports betting revenue. NASHVILLE, Tenn. – Sportsbooks in Tennessee set a new record for monthly betting...

SWAC Hires Mary Thomas As Executive Director In Tennessee

by Giovanni Shorter | Oct 23, 2021 6:13 am | Sports Betting

The Sports Wagering Advisory Council (SWAC) in Tennessee has hired Mary Beth Thomas as the executive director. Thomas has addressed the 10% hold rate controversy, speaking in favor of the council’s position on the hold. The SWAC will take over Tennessee sports betting...

Tennessee Is Transferring Its Sports Betting Market To SWAC

by Giovanni Shorter | Oct 8, 2021 4:33 pm | Sports Betting

Tennessee held a recent hearing on Tuesday to discuss the regulations of its sports betting market transferring to the Sports Wagering Advisory Committee (SWAC). During the hearing, sportsbooks discussed wishing to change the mandatory hold rule set by the legislation...

Tennessee Could See Two New Sportsbooks In Time For NFL Season

by Giovanni Shorter | Aug 26, 2021 11:41 am | Sports Betting

• The Tennessee Education Lottery (TEL) has informed three sports betting operators; two sportsbooks and one supplier, that their applications will be reviewed. • One of the potentially new sportsbooks is Penn National’s Barstool Sportsbook. • The TEL will...

Tennessee Sports Betting Switches Regulators With New Bill

by Giovanni Shorter | Jun 2, 2021 2:27 pm | Regulatory

Governor Bill Lee signed SB 588 into law, switching sports betting regulations from the Tennessee Education Lottery (TEL) to the Sports Wagering Advisory Council (SWAC). The TEL has had issues with sports betting since its launch. The official switch will kick in on...