by Sam Profeta | Mar 4, 2022 12:35 pm | Sports Betting
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...
by Giovanni Shorter | Jun 2, 2021 2:27 pm | Regulatory
Governor Bill Lee signed SB 588 into law, switching sports betting regulations from the Tennessee Education Lottery (TEL) to the Sports Wagering Advisory Council (SWAC). The TEL has had issues with sports betting since its launch. The official switch will kick in on...
by Christina Monroe | Feb 27, 2021 9:34 am | Revenue
Sports betting handle spiked over $30 million from December to January in Tennessee. Over 60% of wagers taken in January were on the NFL postseason. Tennessee currently has only four operating mobile sportsbooks in the state. NASHVILLE, Tenn. – Native Miley...
by Giovanni Shorter | Jan 8, 2021 11:16 am | Sports Betting
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...
