Tennessee Sports Betting
Tennessee is one of a number of states that will have legal sports betting, after a law was enacted in the spring of 2019.
Soon, people who are in the Volunteer State will be able to wager while anywhere within the state’s borders on TN sports betting apps.
Here is more of what you need to know about Tennessee sports gambling.
TN sports betting basics
The legislature approved a sports betting bill April 30. The governor intimated that he would allow it to become law without his signature — which is exactly what happened. That triggered the countdown for legal sports wagering in the state.
The law will allow for betting online and on mobile apps. It appears there will be no physical sportsbook locations.
Tennessee sports betting launch date
There is no firm date for the launch of sports betting in Tennessee. Late 2019 is a possibility, but a launch sometime in 2020 is also possible.
Latest TN sports betting news
Ohio Sports Betting Bill Holds The Line On Official League Data Mandate Ask
An Ohio committee approved an amendment that allows sports leagues to request that the Lottery Commission restrict betting on events and wager types.
Wait, Lawmakers Did What With Sports Betting Bills in 2019?
Here are some of the most memorable -- and lamentable -- storylines involving state lawmakers and sports betting bills throughout 2019
Sports Betting Finally Expands South As Tennessee Bill Becomes Law
Tennessee officially legalized sports betting on Friday, setting more than one precedent for the young industry in the US.
TN sportsbook apps
The only way to bet on sports in Tennessee will be via mobile devices and online.
Anyone can apply to operate a TN sportsbook, but you will need to be approved by regulators.
There are no guarantees on who will offer a sportsbook in the state, but a number of the operators we’ve seen go live elsewhere in the US are good candidates, such as:
- DraftKings Sportsbook
- FanDuel Sportsbook
- BetStars
- William Hill
- 888
- Bet365
- BetAmerica
- Caesars
- MGM
What’s in the Tennessee sports gambling law?
Here are some of the other details of the Tennessee sports betting law:
- Licensees pay $750,000 annually
- Gross gaming revenue is taxed at a rate of 20 percent
- Operators must purchase “official data” from professional sports leagues in order to take in-game bets.
Tennessee sports betting FAQ
Is sports betting legal in Tennessee?
The state has legalized wagering, but it’s not yet legal to place wagers in the state. That will happen when the state authorizes and vets sportsbooks who apply for licensure. The only restriction is you will not be able to make in-play wagers on collegiate events.
Who oversees TN sports betting?
The Tennessee Lottery will have oversight.
Where can I bet on sports in Tennessee?
Anywhere within the state’s borders.
If you are not located in Tennessee while using an app, you will not be able to place a wager, even if you are a Tennessee resident.
Is mobile sports betting in Tennessee available?
Yes. There will be no retail sportsbooks, unless someone somehow creates kiosks that fit the parameters of the bill for mobile wagering. Online and mobile TN sports betting will be the only delivery channels.
Who can apply for a Tennessee sports betting license?
Anyone who wants to attempt to get a license through state regulators. There is no cap on sports betting licenses in the state.
Who can bet on sports in Tennessee?
The legal sports gambling age in Tennessee is 21 years old.
