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 | Feb 23, 2021 2:21 pm | Regulatory
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...
by Giovanni Shorter | Jan 28, 2021 1:06 pm | Revenue
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....
by Giovanni Shorter | Dec 28, 2020 10:41 am | Revenue
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 month...
by Christina Monroe | Nov 10, 2020 3:13 pm | Sports Betting
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...
