Tennessee on the Clock for Anticipated November 1 Sports Wagering Debut

Tennessee November Sports Wagering Debut

  • Tennessee legislators getting the kinks out toward anticipated Nov. 1 weekend kickoff
  • Three out of four licensed operators will be ready for opening with others still pending
  • Online “only” operation will be the US first & a measuring stick for other states to consider
image-background
Up to $200 in Bet Credits

Sign up with bet365 and they will match your deposit in Bet Credits up to $200.

Bet Now

Sign up with bet365 and they will match your deposit in Bet Credits up to $200.

Up to CAN$100 in Bet Credits for new customers at bet365. Min deposit CAN$5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.Bet restrictions and T&Cs apply. New and eligible customers only. 18+. Fixed odds.

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL) Gambling Problem? Call 1-800-GAMBLER (NJ/WV/PA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), or TN REDLINE: 800-889-9789. 21+. NJ/PA/WV/IN/IA/CO/IL/TN only. Deposit bonus requires 25x play-thru. Deposit Bonus issued as site credits. In partnership with Meadows Racetrack & Casino. Eligibility restrictions apply. See DraftKings.com/sportsbook for details.

The state of Tennessee seems to be in “two-minute warning” mode now in preparation to begin legal sports wagering by November 1, if not potentially a day or two sooner.

Several meetings took place last Friday with state regulators adjusting final language changes to sports wagering rules, approving a new betting menu, and correcting language involving NCAA college football wagering. Thus far, three out of four operators have received licensed approval. Originally, the Tennessee Lottery Sports Wagering Committee had targeted November 1 as the kick-off date. However, it is an NFL Sunday with the heaviest action it was agreed not the best potential day to begin operation.

It was suggested by Tennessee Lottery CEO Rebecca Hargrove the Lottery launch operation with the three new licensees, DraftKings Sportsbook, FanDuel, and BetMGM a few days earlier for perhaps a few hours rather than begin on that Sunday. It would seem the best solution to face a day of the week when there were fewer games on the board rather than a busy college football or National Football League’s day.

Committed to November 1 Launch

Whether all in are agreement or not, the Lottery committee seems focused on commencing operation sometime on that November 1st weekend and be fully prepared.

Although three of the operators will be ready to go including DraftKings Sportsbook, FanDuel, and BetMGM, it appears that the fourth operator Tennessee Action 24/7 will not meet the deadline as its supplier Amelco has not yet been licensed. Submitting the application on September 23 to TEL (Tennessee Education Lottery), it received word that it would take six weeks to process the necessary background check. Assuming approval, Tennessee Action 24/7 could be in operation, shortly thereafter. At this juncture, three other operators have filed for an application for a license with the TEL.

Online Only for Tennessee Bettors

Tennessee’s launch into sports wagering will come with some historic controversy as the first US state that will permit customers to bet on sports exclusively online and not at any onsite casino location.

Sports betting was first legalized in Tennessee in July 2019 when Governor Bill Lee let the period to sign legislation expire without his signature. Since then it has not been a unanimous political path directing sports wagering. The TEL has struggled to develop an infrastructure to manage sports betting in a state with no casino gaming history.

It has been planned that 20% of the revenue will go back into the state with most funds going into education and institutions of higher learning. Mental health initiatives have also been targeted as a source of funds from sports wagering.

Tennessee’s launch is important not only to the state but to other US states also considering an “online-only” approach toward their initial sports wagering plans. Given the present Covid-19 dominant effect, it will still be a measuring stick toward other legislative actions for new states weighing this decision.

Latest Sports Betting News

Louisiana’s House Sports Betting Bill Moves To Senate
Louisiana’s House Sports Betting Bill Moves To Senate
Louisiana voters might be well on their way to having fully regulated and legal sports betting.
13 May | 03:36 | Chris Altman
Texas’ Gambling Expansion Bill Won’t Make It This Session
Texas’ Gambling Expansion Bill Won’t Make It This Session
The two main proponents of sports betting in Texas have each sponsored a sports betting bill that was hopeful to pass through the Legislature …
11 May | 03:37 | Chris Altman
Alabama Governor Would Have Signed Dying Sports Betting Legislation
Alabama Governor Would Have Signed Dying Sports Betting Legislation
Alabama Governor Kay Ivey indicated that she would have supported the failing efforts to legalize sports betting under SB 319.
8 May | 04:19 | Chris Altman

Larry Gibbs

Expert on Sports Betting Industry

Larry Gibbs is both a seasoned journalist and a respected online gaming industry consultant. His wry commentary & sharp analysis have appeared in numerous top gaming and sports wagering publications. He has also served as Vice President of US Gaming Services, a marketing research organization with 15 years of experience in US online wagering. He has spoken at noted gaming industry conferences including G2E, GiGSE, and NCLGS.

Email: [email protected]