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All Time Betting Milestones Hit In Multiple Sports Betting Markets

All Time Betting Milestones Hit In Multiple Sports Betting Markets

by Giovanni Shorter | Jul 6, 2022 1:34 pm | Revenue

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....
SWAC Hires Mary Thomas As Executive Director In Tennessee

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 Could See Two New Sportsbooks In Time For NFL Season

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

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...
The State Of Tennessee Sports Betting 6 Months, $1 Billion Later

The State Of Tennessee Sports Betting 6 Months, $1 Billion Later

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...
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