NASHVILLE, Tenn. – Tennessee doesn’t have to worry about who wins on Sunday. The Tennessee Sports Wagering Council’s September report shows sportsbooks took $588.6 million in bets, up 4.9% from last year. Tennessee’s taxes rose by the exact same 4.9% to $10.9 million. That’s no … Read more
NASHVILLE, Tenn. – Tennessee regulators are fighting on two fronts this month. The Tennessee Sports Wagering Council (SWC) ordered Sportbet and FullStarSportsbook to stop taking bets in the state, while Underdog filed a lawsuit against the state after receiving a cease-and-desist of its own. According … Read more
The panel found Kalshi’s sports contracts are not swaps because their events carry no inherent financial, economic or commercial consequence. The Commodity Exchange Act would leave both states’ gambling laws intact even if the contracts counted as swaps, the court held. Kalshi lost its bid … Read more
The Texas Longhorns’ spread at Tennessee has fallen from an opening 5.5 points to 4.5, with 5 still posted at one book. The game total opened between 55.5 and 57.5 depending on the book and now sits at 54.5 everywhere it is offered. The Tennessee … Read more
Tennessee collected $8,438,391 in sports betting privilege tax in June, up 30% from a year earlier. Gross handle reached $456.1 million, a 30% year-over-year jump during the World Cup’s opening month. Tennessee taxes 1.85% of every dollar wagered rather than sportsbook revenue, the only state … Read more
WASHINGTON – On the morning of May 14, 2018, the Supreme Court of the United States handed down Murphy v. NCAA and ended Nevada’s 26-year monopoly on legal sports betting. Eight years later, questions surrounding who would profit and under what rules have been answered… … Read more
Rep. Marc Malon has introduced a bill in Maine that would prohibit the use of credit cards for online sports betting. Eight other states have already taken similar measures in an effort to reduce gambling addiction and debt. AUGUSTA, Maine – A new bill has … Read more
Bill 1768 was filed in Tennessee that would limit access to sports betting apps on college campuses/sporting venues. Tennessee already does not allow any betting on college player props to protect athletes from harassment. NASHVILLE – A new bill has been introduced in Tennessee that … Read more
Nevada sued Polymarket for allegedly running unregulated gambling operations that sidestep state licensing laws. Concerns arose that Polymarket’s NFL MVP market could reflect insider information since official voting already occurred. Tennessee’s only local sportsbook shut down, unable to survive against national competitors under the state’s … Read more
DraftKings will stop accepting credit card deposits in every state starting on August 25, 2025. The sports betting company accepted popular credit card brands such as Visa, Mastercard, Discover, and American Express in select jurisdictions. DraftKings was recently fined $450,000 in Massachusetts for accepting credit … Read more
60% of Mississippi students are reported to have placed wagers on mobile betting sites, despite there being no regulated sportsbooks online in Mississippi. Mississippi House Speaker Jason White will push to legalize mobile sports betting in the 2026 legislative session. JACKSON, Miss. – The University … Read more
PrizePicks secured a gaming license in Puerto Rico – the first Daily Fantasy Sports Operator to do so. SAN JUAN – PrizePicks announced that its license to offer daily fantasy sports was granted in Puerto Rico on Thursday. Opening an untapped market as the first … Read more