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The Case Continues For Tennessee Action 24/7 & Reinstatement

The Case Continues For Tennessee Action 24/7 & Reinstatement

by Christina Monroe | Mar 25, 2021 2:49 pm | Sports Betting

No verdict is in for the appeal of Tennessee Action 24/7 Sportsbook to have their sports betting license reinstated. The case is at a standstill as the state believes the Tennessee Education Lottery Corporation (TELC) was well within its rights to suspend a license...
High-Risk Bank Loans For Sports Betting Approved In Tennessee

High-Risk Bank Loans For Sports Betting Approved In Tennessee

by Giovanni Shorter | Jan 8, 2021 11:16 am | Sports Betting

Tennessee lawmakers approve high-risk flex loans for lenders to coincide with the Action 24/7 sportsbook. This will act as a store for sports bettors to deposit gambling funds as well. The annual interest rates are up to 279.5%. NASHVILLE, Tenn. – In an interesting...
GeoComply Now Approved To Help Future Tennessee Sportsbooks

GeoComply Now Approved To Help Future Tennessee Sportsbooks

by Adia Randall | Sep 25, 2020 10:05 am | Sports Betting

GeoComply has announced that it has received the Supplier Registration and can offer geolocation and compliance solutions to Tennessee betting operators. GeoComply has launched PlayPause which is a tool to enhance the effectiveness of any iGaming and online sports...
TN Sports Betting Coming No Later Than Nov. 1, Say Regulators

TN Sports Betting Coming No Later Than Nov. 1, Say Regulators

by Adia Randall | Aug 19, 2020 10:36 am | Regulatory

The Tennessee Education Lottery Corporation has stated that online sports betting will be available on or before November 1. The state has a few requirements that may limit the market including the first of its kind 10% hold on sports betting handle. Though the date...
IGT Signs Three New Lottery Deal, Could See Its Stock Rise

IGT Signs Three New Lottery Deal, Could See Its Stock Rise

by Carter Floyd | Jun 3, 2020 10:13 am | Sports Betting

International Game Technology PLC (IGT) has announced extensions and expansions of its lottery deals with Missouri, Virginia and Tennessee. IGT will also be rolling out an improved online sportsbook for Rhode Island. These developments could signal that IGT is primed...
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