November 3, 2020

Tennessee officially welcomes Sports Betting

Tennessee officially welcomes Sports Betting

Sports betting officially launched in Tennessee on November 1, with major operators like BetMGM, FanDuel and DraftKings, and local operator Action247 launching their sports betting products.

The Lottery, which functions as the market regulator, confirmed on Friday that sports betting operators are allowed to accept bets from players living in the state aged 21 years old and above starting on Sunday.

Rebecca Paul Hargrove, TEL President and chief executive, said that the November 1 launch represents the conclusion brought about by an enormous amount of work and due diligence to bring online-only sports betting to the state. Hargrove explained that Tennessee is the only state in the nation to do this.

Hargrove added that the launch “represents the new beginning of a new stage as we establish and support a responsible and competitive program here. We will continue to work with all licensees, registrants, and applicants to protect the consumer, promote fairness in sports and regulate this new Tennessee industry that provides critical funds to the state and local governments.”

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