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Sportsbooks Violate Laws, Only Punished With Small Fines

Sportsbooks Violate Laws, Only Punished With Small Fines

by Jeremias Di Vico | Mar 2, 2023 5:19 pm | Sports Betting

Multiple sportsbooks and casinos in various states were found to be in violation of state law since sports betting became regulated. Fines were the primary punishment, but may prove ineffective if not raised higher. The revenue in most of these casinos and sportsbooks...
Tennessee Sportsbooks See Over $300M In February Wagers

Tennessee Sportsbooks See Over $300M In February Wagers

by Jerad Paparella | Mar 23, 2022 1:11 pm | Legal

Sportsbooks in Tennessee handled $313.3 million in February, the fifth consecutive month Tennessee sportsbooks handled at least $300 million in wagers. Despite the solid handle figure, Tennessee’s sportsbooks recorded their lowest hold rate and revenue total since...
TN Sports Wagering Advisory Council To Have First Meeting This Week

TN Sports Wagering Advisory Council To Have First Meeting This Week

by Hasan Nabulsi | Nov 18, 2019 5:11 pm | Regulatory

Sports betting in Tennessee became legal without the governor’s signature in May. The Tennessee Education Lottery Corporation is working with the Tennessee Sports Wagering Advisory Council to develop regulations and licensing procedures. Tennessee is the only state in...
Gov. Appoints 3 Members To Tennessee Sports Wagering Advisory Council

Gov. Appoints 3 Members To Tennessee Sports Wagering Advisory Council

by Hasan Nabulsi | Oct 2, 2019 4:45 pm | Regulatory

The Tennessee Sports Wagering Advisory Council now has eight of the nine total positions filled. Only one more seat on the Council remains, but there are enough members to conduct business now. Kandace C. Stewart, the business operations and external affairs director...

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