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Tennessee’s 10% Hold Rate On Sports Bets Could Be Problem In 2021

Tennessee’s 10% Hold Rate On Sports Bets Could Be Problem In 2021

by Christina Monroe | Nov 2, 2020 11:30 am | Sports Betting

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....
Tennessee Sports Betting Is Less Than Two Weeks Away From Launch

Tennessee Sports Betting Is Less Than Two Weeks Away From Launch

by Christina Monroe | Oct 19, 2020 11:47 am | Sports Betting

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;...
Fourth Sportsbook Operator Licensed To Open In Tennessee Nov. 1

Fourth Sportsbook Operator Licensed To Open In Tennessee Nov. 1

by Christina Monroe | Oct 7, 2020 10:55 am | Regulatory

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...
Three Tennessee Sportsbooks Set To Launch November 1

Three Tennessee Sportsbooks Set To Launch November 1

by Christina Monroe | Sep 24, 2020 10:52 am | Sports Betting

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...
Tennessee Sports Betting Still Struggling To Launch 1 Year Later

Tennessee Sports Betting Still Struggling To Launch 1 Year Later

by Christina Monroe | Jul 23, 2020 2:28 pm | Regulatory

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...
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