The Sports Wagering Committee of the Tennessee Education Lottery has conditionally approved sports betting licenses for three high-profile operators. This move comes after the November 1 launch date for the vertical draws near.
At a meeting dated September 23, the committee conditionally approved application from FanDuel (by Flutter Entertaiment), DraftKings and BetMGM.
The operators may secure full certification at future committee meetings, scheduled for October 5 and 16, which is aimed at reviewing further information necessary to grant complete approval to the trio, and consider more applications.
The committee also granted its first supplier license application at the September 23rd meeting. In addition, 26 more vendor applications were approved, although these are not yet listed on the Tennessee Education Lottery website.
As of the moment, 22 vendors, mainly payment service providers and affiliate or marketing businesses, have been granted license in the state.
“The staff at the Tennessee Lottery performed a tremendous amount of work and due diligence to prepare us for these decisions today,” Susan Lanigan, board char, said. “We appreciate their efforts as we work to establish and support a responsible and competitive sports wagering program in Tennessee,” she added.