by Giovanni Shorter | Aug 26, 2021 11:41 am | Sports Betting
• The Tennessee Education Lottery (TEL) has informed three sports betting operators; two sportsbooks and one supplier, that their applications will be reviewed. • One of the potentially new sportsbooks is Penn National’s Barstool Sportsbook. • The TEL will...
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 Giovanni Shorter | May 26, 2021 2:41 pm | Revenue
Tennessee saw $172.4 million in sports betting activity in April. This is a 16.3% decrease month over month. WynnBet launched in Tennessee in April, making it a total of seven active sportsbooks in the state. NASHVILLE, Tenn. – Sports betting fans in Tennessee wagered...
by Christina Monroe | May 13, 2021 2:26 pm | Sports Betting
Tennessee has made a new national record for sports betting handle collected within six months, exceeding the billion-dollar mark. The sports gaming industry of Tennessee is currently undergoing a transition from having the Tennessee Education Lottery as the regulator...
by Christina Monroe | May 12, 2021 11:10 am | Regulatory
Senate Bill 588 that names the Sports Wagering Advisory Council (SWAC) as the regulatory body of the Tennessee sports betting industry passed on May 5. The Tennessee Education Lottery (TEL) has been the regulator of the sports wagering market in the Volunteer State...