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Lottery Ticket Sales Up in Tennessee
The Tennessee Education Lottery made an announcement this week, and this time it had nothing to do with sports betting. The TEL announced the grand total for lottery ticket sales during the previous fiscal year, and it was another record-setting amount. According to the report, $499.9 million was transferred to the account that helps fund […]
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Sports Wagering Advisory Council will soon have big decisions to make
The Sports Wagering Advisory Council will not become the regulatory body of Tennessee sports betting until January 1, but that group is already facing some tough decisions. The SWAC held a meeting on June 29, but there were not any big decisions made at that time. One of the biggest issues facing the group is […]
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Tennessee Sports Betting Slips in May
The Tennessee Education Lottery recently released the May sports betting report, and it was the worst month for the state up to this point. May has been a rough month for most states with legal sports betting in the US, and Tennessee suffered the same fate. The total sports betting handle for the month was […]
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OpenSports Coming to Tennessee
The FanDuel Sportsbook app in Tennessee is set to get an upgrade, and it should be a great experience for sports bettors in the Volunteer State. This will come after Flutter Entertainment and Scientific Games are taking the next step in their partnership. These two companies have been partners for the last two decades, and […]
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Could Wagr Test Its Brand in Tennessee?
A new sportsbook could be coming to the state of Tennessee, and it is a name that you have likely never heard of. Wagr is the name of the company, and it aims to offer peer-to-peer betting in the Volunteer State. The person behind the new sports betting app is Alexis Ohanian, and he is […]
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Titans Betting Odds Improve After Adding Jones
The Tennessee Titans emerged as betting favorites to land Julio Jones from Atlanta, and that was exactly what took place. Tennessee will now have Jones at their disposal for what they hope will be a long playoff run Sportsbooks in Tennessee saw big numbers on bets pouring in for the Titans in 2020, and that […]
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BetMGM Partnering With NYRA Bets
BetMGM made a big splash in the horse race betting industry at the end of May, naming NYRA Bets as its partner. This is the first time that BetMGM has had a partner in this industry, and it could prove to be beneficial in the state of Tennessee. NYRA Bets is a product of the […]
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Tennessee Looking into Peer-to-Peer Wagering
Sports betting in Tennessee could get a new option as the state considers adding Peer-to-Peer betting. The Tennessee Education Lottery (TEL) has revealed it is currently considering approving five new online sports betting sites, including two that offer customers peer-to-peer betting. If the sportsbooks gain approval, they will start life as traditional online sportsbooks. The […]
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Tennessee Education Lottery “Thrilled” With New Bill
Organizations usually aren’t happy when power is taken from them, but that’s not the case in the state of Tennessee. The Tennessee Education Lottery (TEL) is losing power over sports betting, and that’s perfectly fine with them. Tennessee Governor Bill Lee signed SB 588 into law last Thursday after it was passed by lawmakers in […]
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Sports Betting Tax High in Tennessee
The Tennessee sports betting industry has put up some big numbers in terms of total handle, but the state has done even better in terms of tax revenue. In just five months, Tennessee has brought in $16 million in privilege tax, and this is right on track with other major markets. New Jersey, Pennsylvania, and […]
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