Category: sportsbook

Tennessee became the newest state to legalize sports betting in November 2020 with over $131 million wagered in its debut month. The Sports Wagering Advisory Council has taken over regulatory duties of sports betting in Tennessee, with the Tennessee Education Lottery serving as an advisory role.  As more states are legalized and more operators come to Tennessee, it will be interesting to see how much money is bet there and what type of taxes they […]

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Tennessee Sports Bettors Wager $131 Million Tennessee sports bettors wagered $131.4 million in the first month of legalizing online sports betting in the state. Legislative analysts assume Tennessee sports betting could generate up to $50 million in annual tax revenue. Is online sports betting getting larger in the state or is it too early to predict from a single month’s figures? Know what Tina Hodges, CEO of local sports betting company Action 247 has to […]

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Tennessee Action 24/7 offers local touch to legalized online sports wagers Earlier Tennesseans had to cross state lines to wager on a sporting event. But ever since betting was legalized in November, four companies have got licenses and have started operating sportsbooks within the state, with Tennessee Action 24/7 being the only local one, for Tennesseans, by Tennesseans. Tina Hodges, president of Tennessee sportsbook Action247 said, “We are here, we are local, we are legal, […]

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