by Evan Thornton | Nov 19, 2021 1:26 pm | Revenue
Tennessee sportsbooks more than tripled their previous monthly betting handle record. October handle shows 185.5% increase from first month of active sports betting. NASHVILLE, Tenn. – In October, Tennessee sportsbooks handled the most money on sports bets in...
by Giovanni Shorter | Oct 23, 2021 6:13 am | Sports Betting
The Sports Wagering Advisory Council (SWAC) in Tennessee has hired Mary Beth Thomas as the executive director. Thomas has addressed the 10% hold rate controversy, speaking in favor of the council’s position on the hold. The SWAC will take over Tennessee sports betting...
by Giovanni Shorter | Oct 8, 2021 4:33 pm | Sports Betting
Tennessee held a recent hearing on Tuesday to discuss the regulations of its sports betting market transferring to the Sports Wagering Advisory Committee (SWAC). During the hearing, sportsbooks discussed wishing to change the mandatory hold rule set by the legislation...
by Evan Thornton | Oct 1, 2021 11:59 am | Revenue
Tennessee is on the cusp of reaching $2 billion in handle within their first 12 months of having an operational sports betting industry. NASHVILLE, Tenn. – Since their online sports gaming market launched in November 2020, Tennessee residents have wagered over...
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...
