DraftKings has been fined $150,000 for allowing proxy betting from Florida. DraftKings voided 21 proxy bets from the Florida man. ATLANTIC CITY, N.J. – The state of New Jersey has fined DraftKings sportsbook a whopping $150,000 for allowing a man in Florida to place bets … Read more
Tennessee is on the cusp of reaching $2 billion in handle within their first 12 months of having an operational sports betting industry. NASHVILLE, Tenn. – Since their online sports gaming market launched in November 2020, Tennessee residents have wagered over $1.5 billion in under … Read more
The Memphis Grizzlies have partnered with WynnBET on a multi-year deal. The partnership will be a digital-first approach. MEMPHIS, Tenn. — Memphis Grizzlies fans and bettors will have a new experience when either attending a Grizzlies game or following their social media platforms. The team … Read more
Tennessee saw $176.3 million in bets placed in February. The decline in revenue came after the conclusion of the NFL season. NASHVILLE, Tenn.—Since Tennessee launched their sports betting industry back in November of 2020, they have not reported a decline in revenue until now. In … Read more
The Tennessee Education Lottery has approved William Hill and WynnBet to launch in Tennessee. Tennessee online sportsbooks have proven to be profitable, having secured over $180 million in total bets for the month of December. The Super Bowl is traditionally this single biggest betting event … Read more
Rep. David Hawk has proposed the Tennessee sports betting bill TN HB 48 that would direct 80% of sports betting revenue to K-12 public schools. TN HB 48 was unanimously supported by the Hawkins County Board of Education which is the first sign of support … 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
House Bill 1 would legalize sports betting in TN. The bill was amended to exclude provisions for land-based betting. Legal Tennessee sports betting would be available online and via automated kiosks only. NASHVILLE, Tenn. – After a contentious debate focusing primarily on the risks of … Read more
Online wagering is the only option for licensed sportsbooks in Tennessee. Three more amendments were made to Tennessee’s sports betting bill. Only a few days remain in Tennessee’s legislative session. NASHVILLE, Tenn. – Being in the State Committee for just over a month, Tennessee HB1 … Read more
Tennessee legislators are at a seeming impasse regarding how to move forward with sports betting legalization. TN HB 1 has seen strange revisions and amendments, including banning brick-and-mortar betting venues. Some Tenn. Lawmakers even suggest banning wagering on Sundays and holidays. NASHVILLE, Tenn. – Tennessee … Read more
Tennessee House Bill 1 was first referred to the House State Committee on February 27, 2019. The bill has gone through multiple attempts to legalize mobile sports betting in Tennessee. NASHVILLE, Tenn. – A final answer on Tennessee sports betting may be coming later than … Read more
Tennessee has introduced over a half-dozen sports betting bills with only limited advancement. Governor Bill Lee has advocated against legalizing sports betting but may be changing his mind. HB0001 will be discussed on Tuesday in the House’s State Committee at 10:30 am. NASHVILLE, Tenn. – … Read more
