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 sportsbooks in the … Read more
Tennessee now has four licensed vendors for their legal sports betting market. The Tennessee Education Lottery (TEL) also has three sportsbooks currently awaiting approval for what is expected to be a September launch of legal sports betting in the state. NASHVILLE, Tenn. – The Tennessee … Read more
Jennifer Roberts was a part of the Tennessee Lottery system that helped legalize sports betting. Roberts is joining GameCo LLC as the Vice President and general counsel member. LAS VEGAS – Jennifer Roberts, who was a factor in bringing sports betting to Tennessee has announced … Read more
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 for a surge in stock … Read more
Tennessee sports betting became legal in June 2019. The Tennessee Sports Wagering Council was formed to help the state lottery regulate sports betting but the two sides have been at odds. Tennessee House Bill 2844 would give the Council more authority to regulate the new … Read more
Sports betting was made legal in Tennessee in May 2019 and nearly a year later, applications are being accepted for mobile sportsbooks. The launch of mobile sports betting platforms in Tennessee could happen as early as July 2020. MEMPHIS – Last week, The Tennessee Education … Read more
Sports betting rules in Tennessee have been approved after months of its initial legalization. TN sports betting license applications will be made available next week. There is a 90 percent payout cap on Tennessee sports betting winnings. NASHVILLE, Tenn. – On Wednesday, the Tennessee Lottery … Read more
Rules and regulations for Tennessee mobile sports betting are a hot topic of discussion as they would like to launch their applications by the start of the 2020 NFL season. Proposed payout caps are set at 85% but a raise to 95% was mentioned in … Read more
American sportsbooks saw revenues more than triple from January 2019 to January 2020. Total betting handle increased greatly as well, even after accounting for industry expansion. With more states set to launch sportsbooks in 2020, this trend of growth should continue. LAS VEGAS – In … Read more
There are 14 states that will vote for a Democratic nominee on Tuesday. Senator Bernie Sanders is favored to win a majority of the states. With two drop-outs, Joe Biden could potentially gain momentum on Super Tuesday. SACRAMENTO, Calif. – Super Tuesday happens this week … Read more
The NFL will allow sports betting lounges to open in stadiums. Only states that legalized sports betting will have betting lounges. Several states with NFL teams are considering to legalize sports betting in 2020. NEW YORK — The NFL has allowed for the opening of … Read more
Tennessee still cannot come up with reasonable rules and regulations that will allow the process of launching legal sports betting in the Volunteer State to become easier. TN HB 1 made mobile gambling on sports legal in 2019 but there are still no set rules … Read more