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
Two mobile sportsbooks in Tennessee have experienced illegal sports betting activity with the most recent problems taking place with the Super Bowl. The Tennessee Education Lottery (TEL) is currently investigating the matter as they regulate the industry. The two compromised applications have closed a combined … Read more
Over $180.9 million was wagered on sports in Tennessee in December. Tennessee collected $3.1 million in tax revenue from sports betting. A total of $5.4 million in tax revenue has been collected in the first two months of the Tennessee sports betting market. NASHVILLE, Tenn. … Read more
Over $131 million was wagered on sports in November, the launch month for sports betting in Tennessee. The state collected more than $2.3 million in tax revenue. The NFL season contributed to the bulk of wagers in Tennessee. NASHVILLE, Tenn. – In just the first … Read more
Ohio still has a chance to make sports betting legal before the end of 2020. South Dakota, Maryland, and Louisiana have all voted in favor of legal sports wagering markets through the November 3 vote. Canada is seeking to legalize single-game sports betting on a … Read more
Tennessee’s sports betting rules and regulations have a 10% hold requirement on all handle that is then taxed and given to the Tennessee Education Lottery (TEL). This hold could lead to less attractive odds and bets offered to sports bettors of the Volunteer State. The … Read more
Tennessee could see an early rollout of mobile and online sportsbooks happening on October 30 for small windows of time until November 1 to fix any glitches before the official launch day. Three sports betting platforms will be opening to Tennesseans everywhere; BetMGM, DraftKings, FanDuel. … Read more
Tennessee now has four fully licensed sportsbook operators that will launch on November 1. The internet/mobile sports betting market for the Volunteer State will be open to anyone that is 21 and over and within state lines. NASHVILLE, Tenn. – A fourth sports betting operator … Read more
November 1 will be a historical day in Tennessee as legal mobile sports betting will finally be a part of the state’s economic makeup. BetMGM, DraftKings, and FanDuel are currently the three sportsbooks set to launch their services on November 1 via mobile and internet … Read more
The Tennessee Education Lottery (TEL) may push back the September 1 date for legal sportsbook launches depending on what happens at the Sports Advisory Council meeting in August. There have been a few anonymous operators that have applied to open their mobile sportsbooks in the … Read more
Tennessee now has four licensed vendors for their legal sports betting market. The Tennessee Education Lottery (TEL) also has three sportsbooks currently awaiting approval for what is expected to be a September launch of legal sports betting in the state. NASHVILLE, Tenn. – The Tennessee … Read more