A Tennessee sportsbook also owns a loan agency that will give loans to players to gamble on sporting events. Two bills have been filed with the Tennessee General Assembly to ban financial companies to offer loan services for the purposes of sports wagering. NASHVILLE, Tenn. … Read more
Kansas, Maryland, Massachusetts, and Minnesota all have sports betting legislation waiting to be heard in their 2021 sessions to legalize the market. Colorado, Illinois, Mississippi, and Tennessee all had stellar months for handle and revenue from sports wagering in their states while Nevada and Rhode … 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
Over $180.9 million was wagered on sports in Tennessee in December. Tennessee collected $3.1 million in tax revenue from sports betting. A total of $5.4 million in tax revenue has been collected in the first two months of the Tennessee sports betting market. NASHVILLE, Tenn. … 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
Texas has a sports betting bill on the table, House Bill 1121, that would legalize a completely online and mobile sports wagering market in the state. The Texas Legislature has until May 31 to decide on the bill and others like it that would make … Read more
New York, Connecticut, and Kentucky Governors all want to see some form of legal sports betting for their states in 2021. Puerto Rico has introduced a bill to launch their legal sports wagering industry that was made legal two years ago while Massachusetts will be … Read more
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 twist … Read more
Legal sports betting in Kentucky may come in 2021 if Governor Andy Beshear has anything to say about it. The Kentucky General Assembly started their session hearings on Tuesday and Beshear hopes a proposal for legalized sportsbooks gets presented and passed within the legislature this … Read more
Over $131 million was wagered on sports in November, the launch month for sports betting in Tennessee. The state collected more than $2.3 million in tax revenue. The NFL season contributed to the bulk of wagers in Tennessee. NASHVILLE, Tenn. – In just the first … Read more
Kentucky may not have enough time in 2021 to consider making sports wagering a legal industry as they will hold a shortened session. The gaming focus is slated for historical horse racing, a huge moneymaker for the Bluegrass State that has only recently been made … Read more
DraftKings will become the official daily fantasy sports provider and sportsbook for the Nashville Predators. DraftKings becomes the first official sports betting operator aligned with the NHL team. This is a multi-year deal. NASHVILLE, Tenn. – Betting on the Nashville Predators just got a bit … Read more