by Robert Jones | Jan 25, 2021 12:41 pm | Regulatory
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 from local...
by Christina Monroe | Nov 2, 2020 11:30 am | Sports Betting
Tennessee’s sports betting rules and regulations have a 10% hold requirement on all handle that is then taxed and given to the Tennessee Education Lottery (TEL). This hold could lead to less attractive odds and bets offered to sports bettors of the Volunteer State....
by Andy Faust | Apr 26, 2019 5:03 pm | Regulatory
House Bill 1 would legalize sports betting in TN. The bill was amended to exclude provisions for land-based betting. Legal Tennessee sports betting would be available online and via automated kiosks only. NASHVILLE, Tenn. – After a contentious debate focusing...
by Michael Molter | Apr 10, 2019 12:47 pm | Regulatory
Online wagering is the only option for licensed sportsbooks in Tennessee. Three more amendments were made to Tennessee’s sports betting bill. Only a few days remain in Tennessee’s legislative session. NASHVILLE, Tenn. – Being in the State Committee for just over a...
by Andy Faust | Apr 9, 2019 10:03 am | Regulatory
Tennessee legislators are at a seeming impasse regarding how to move forward with sports betting legalization. TN HB 1 has seen strange revisions and amendments, including banning brick-and-mortar betting venues. Some Tenn. Lawmakers even suggest banning wagering on...
