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...
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...
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...
by Christina Monroe | May 13, 2021 2:26 pm | Sports Betting
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...
by Christina Monroe | May 12, 2021 11:10 am | Regulatory
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...
