TN sports betting updates
2 days ago TN Bill to ban online gambling. Our Bureau Chennai Updated on February 04, 2021 Published on February 04, 2021 Playing online games like poker and rummy involving betting will invite.
Online Sports Betting In Tennessee Today
- Online sports betting in Tennessee went live on Nov. 1, and the results from the first month were the single largest debut month of any U.S. State with legalized gambling, according to PlayTenn.com.
- Tennessee legalized sports betting in May 2019. Anyone who is at least 21 years of age and is physically within the state of Tennessee can bet with DraftKings Sportsbook there. It operates under our direct mobile license with the Tennessee lottery.
Last updated: Dec. 28, 2020
Sports betting is officially live in Tennessee. Bettors can now place wagers on FanDuel, BetMGM, DraftKings, and Action 24/7, as well as sign up for the books’ new-user offers.
At a Tennessee Education Lottery (TEL) meeting on Nov. 16, council members announced bettors wagered over $27 million in the first eight days of online sports betting.
It was also announced that BetAmerica, WynnBet and William Hill will be the next three operators to join the state.
Online Sports Betting In Tennessee
Tennessee Sports Betting App
ZenSports, which runs a peer-to-peer model and charges a fee instead of the juice/vig sportsbooks usually attach to odds, has also submitted its application for a license in Tennessee.
On Dec. 23, the TEL announced tax and revenue numbers for the state’s first month of legal operations.
Online Sports Betting In Tennessee Open
In Nov., Tennessee logged the highest revenue of any sports betting launch in the nation to date. During the first month, players wagered over $131 million. This resulted in $118 million in winnings for bettors and $13 million in revenue for sportsbooks.