Arizona sportsbooks reported $513 million wagered in April 2022, bringing its lifetime total to over $4 billion. Tennessee also surpassed $4 billion in bets all time after reporting $261 million in May. New York handled over $7 billion in only five months of activity. NEW … Read more
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 from the … Read more
• 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 review these applications on Tuesday at … Read more
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 Jan 1, … Read more
Tennessee has made a new national record for sports betting handle collected within six months, exceeding the billion-dollar mark. The sports gaming industry of Tennessee is currently undergoing a transition from having the Tennessee Education Lottery as the regulator to making the Sports Wagering Advisory … Read more
Senate Bill 588 that names the Sports Wagering Advisory Council (SWAC) as the regulatory body of the Tennessee sports betting industry passed on May 5. The Tennessee Education Lottery (TEL) has been the regulator of the sports wagering market in the Volunteer State since the … Read more
Tennessee has two bills, House Bill 1267 and Senate Bill 588, that want to change who regulates the sports betting market in the state. Presently, the Tennessee Education Lottery is the regulator of the sports gaming industry, but the companion bills would like to see … Read more
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 … Read more