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 Christina Monroe | Feb 23, 2021 2:21 pm | Regulatory
Two mobile sportsbooks in Tennessee have experienced illegal sports betting activity with the most recent problems taking place with the Super Bowl. The Tennessee Education Lottery (TEL) is currently investigating the matter as they regulate the industry. The two...
by Christina Monroe | Feb 12, 2021 12:22 pm | Regulatory
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,...
by Hasan Nabulsi | Jan 31, 2021 10:20 am | Sports Betting
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...
by Giovanni Shorter | Jan 28, 2021 1:06 pm | Revenue
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....
