by Giovanni Shorter | Jan 14, 2020 11:04 am | Sports Betting
Tennessee’s sports betting regulations are drawing negative comments. Experts feel that it is detrimental to their sports betting market and could cost them millions in losses. Study shows France, another market with similar regulations, suffers because of it....
by Daniel Borjas | Jan 6, 2020 11:24 am | Regulatory
Sports betting was legalized in Tennessee back in July of 2019. Potential sportsbooks hope that betting can start before March Madness. Some potential sportsbooks have concerns that Tennessee could be an uncompetitive market. NASHVILLE, Tenn. – The Tennessee Lottery...
by Michael Molter | Dec 31, 2019 11:05 am | Revenue
The total money wagered at licensed sportsbooks throughout 2019 broke the $11 billion mark. Over $750 million was kept by sportsbooks as revenue from bettors’ losing wagers. With mobile betting becoming standard, 2020 should see over $20 billion wagered. LAS VEGAS –...
by Christina Monroe | Dec 20, 2019 1:52 pm | Regulatory
Sports betting in the state of Tennessee has been legalized for months but the launch has stalled. Tennessee wants to involve the public in the final say of sports betting, which received an extension that will further delay sports betting. With no set rules and...
by Christina Monroe | Dec 19, 2019 11:45 am | Regulatory
Over 20 states will have legalized sports betting in 2020. The three biggest states for the market are not part of those states but have been in favor of legalization. California, Florida, and Texas have faced either tribal or political opposition on the issue....