• About Us / Contact
  • Responsible Gambling
This site contains commercial content
SportsHandle
  • US Sports Betting
    • Arizona
    • Colorado
    • Illinois
    • Indiana
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Michigan
    • New Jersey
    • New York
    • North Carolina
    • Ohio
    • Pennsylvania
    • Tennessee
    • Virginia
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel Sportsbook Promo Code
    • BetMGM Bonus Code
    • Bet365 Bonus Code
    • Caesars Sportsbook Promo Code
    • ESPN BET Promo Code
    • Fanatics Sportsbook Promo Code
    • BetRivers Promo Code
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
SportsHandle
  • US Sports Betting
    • Arizona
    • Colorado
    • Illinois
    • Indiana
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Michigan
    • New Jersey
    • New York
    • North Carolina
    • Ohio
    • Pennsylvania
    • Tennessee
    • Virginia
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel Sportsbook Promo Code
    • BetMGM Bonus Code
    • Bet365 Bonus Code
    • Caesars Sportsbook Promo Code
    • ESPN BET Promo Code
    • Fanatics Sportsbook Promo Code
    • BetRivers Promo Code
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
SportsHandle
No Result
View All Result

Tennessee Action 24/7 Gets Conditional Sports Betting Approval As TEL Hurtles Toward Nov. 1 Go-Live Date

Three additional operators have applied for licenses, bringing the total number to seven

Jill R. Dorson by Jill R. Dorson
October 5, 2020
in Regulation
Tennessee-Neyland-Stadium

(Shutterstock)

Share on FacebookShare on Twitter

The Tennessee Education Lottery now has seven applications from companies to operate mobile sports betting platforms in the state, and on Monday it approved a fourth to potentially go live on Nov. 1. Tennessee Action 24/7, a local company based in Nashville, got its conditional approval, bringing the total number of operators with conditional approval to four.

The TEL expects to launch sports betting on Nov. 1, and so far, BetMGM, DraftKings, and FanDuel appear comfortably on their way to getting go-live approval ahead of that date. All three got conditional approval last month. For Tennessee Action 24/7, key supplier Amelco submitted its application on Sept. 23. It has not yet been approved, pending criminal background checks. TEL staff said it takes up to six weeks to complete criminal background checks, and that date would be Nov. 4. Amelco provides platforms for sports betting operators throughout the U.S., including in Indiana, Colorado, and New Jersey.

The TEL seemed to caution that if the background checks are not received by Nov. 1, then Tennessee Action 24/7 would not be permitted to go live on that date. The company’s other suppliers, including Sportradar, have been approved. Tennessee Action 24/7 is a bit of a special case for the TEL in that it is a new company and does not operate in other U.S. jurisdictions.

Bet menu discussed, but not approved

The TEL has not released the names of three other sports betting operators that have filed applications, but President and CEO Rebecca Hargrove said the seventh application was received last Friday. It’s unlikely that the TEL will have time to vet any of those applications and award conditional approvals ahead of the Nov. 1 date. Nov. 1 is an NFL Sunday.

Good idea for sports betting apps in a state to become first available for download and play on an NFL Sunday?

— Brian Pempus (@brianpempus) September 24, 2020

Besides approving applications, the TEL staff brought some potential rules clarifications to the board, including a menu of betting options. While the staff says events like the Academy Awards would not be allowed per the new law, it did include examples of allowed bets and leagues that could be bet on, and it shared examples of in-game prop bets vs. more traditional props. It will not be legal to place in-game prop bets on college sports in Tennessee. Board members did not approve a bet menu, and staff will continue to revise that with the idea of getting approval at the Oct. 16 meeting.

The board did approve betting on “seasonal” awards, such as the Heisman Trophy, and wagering on pro sports’ drafts, with an eye toward having staff provide more specific language on each, likely at the Oct. 16 meeting.

Sign Up For The Sports Handle Newsletter!
I also want to receive information and offers about online sportsbooks (eg. odds boost, welcome offers)

The TEL approved multiple suppliers, including Sportradar, which will handle risk management for Tennessee Action 24/7, IGT, Online Ventures Strategies LLC (Yahoo! Sports), GLI, and Kambi. It also approved six vendors.

Letters from law enforcement tough to get

At the start of the meeting, Hargrove asked Lottery staff to review open items from the previous meeting that related to the conditional licenses awarded to BetMGM, DraftKings, and FanDuel. Lottery staff have received letters of reference from many states in which the comparies already operate, including Illinois, Indiana, and Iowa. However, the law also requires letters of reference from law enforcement in jurisdictions in which an operator is doing business.

Looking to maximize its visibility for sports betting in Tennessee, @BetMGM has become the official sports betting partner of the Titans.https://t.co/YagaffCHoK

— Sports Handle (@sports_handle) September 29, 2020

According to staff, most states did not reply, but the Chicago Police Department replied saying it could not provide a letter because the TEL is not a fellow law enforcement agency. Much discussion followed about how the Lottery would meet this requirement, and it was determined that because the Lottery is running fingerprints through the FBI, that could suffice.

Sports betting became law in Tennessee on July 1, 2019, when Gov. Bill Lee allowed a bill approved by the state legislature to become law without his signature. The new law allows for mobile/online sports betting only and there is no cap on the number of operators that can be licensed. Operators must pay a $750,000 application fee and the Lottery has imposed a 90% payout cap on operators.

ShareTweetShare
Jill R. Dorson

Jill R. Dorson

Jill has covered everything from steeplechase to the NFL and then some during a more than 30-year career in sports journalism. The highlight of her career was covering Oakland Raiders during the Charles Woodson/Jon Gruden era, including the infamous “Snow Bowl” and the Raiders’ 2003 trip to Super Bowl XXXVII. Her specialty these days is covering sports betting legislation across the country. You can reach Jill at [email protected]

This site contains commercial content. We may be compensated for the links provided on this page. The content on this page is for informational purposes only.

Related Posts

Tim Nwachukwu/Getty Images
Industry

Pennsylvania Sportsbooks Saw More Action In August, And Bettors Did Better

September 19, 2023
wall street bull
Industry

Roundhill To Modify Underlying Index For Sports Betting And iGaming Fund

September 19, 2023
Load More

Top Stories

hard rock guitars hotel lobby

Mobile Sports Betting In Florida At Least A Few Weeks Away, And Probably Much More

September 19, 2023
Getty Images

Will Prohibet Provide One-Stop Shopping For Detection Of Sports Betting Infractions?

September 14, 2023
have-a-game-plan-bet-responsibly-screenshot

Bettors Know All About Responsible Gambling, But Most Don’t Use Tools

September 12, 2023
nfl logo football

Schuetz: Football Is Back — Forget Everything You Think You Know About Betting

September 6, 2023

State Sports Betting Guides

Sports Betting in Kentucky

Kentucky Sports Betting – Pre-Launch Offers & Best Legal Sportsbook Apps for 2023

by Dukes Wooters
September 19, 2023

Ohio (U.S. state) flag waving against clear blue sky, close up, isolated with clipping path mask alpha channel transparency, perfect for film, news, composition

Ohio Sports Betting – All Online Sportsbooks, Bonus Offers, and News 2023

by Brian Pempus
September 20, 2023

Downtown Detroit at twilight (Shutterstock)

Michigan Sports Betting – Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
September 6, 2023

VA captial

Virginia Sports Betting – Where To Play, Online Sportsbooks And Bonus Offers

by Brett Smiley
September 1, 2023

nj flag

New Jersey Sports Betting — Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
September 6, 2023

Canada Sports Betting Guides

Canada Sports Betting – Best Sportsbook Apps 2023

British Columbia Sports Betting – Legal Update, Available Sportsbooks, and FAQ

Ontario Sports Betting – Legal Status And Where To Play

SportsHandle

  • Analysis
  • Casino
  • Features
  • Horse Racing
  • Industry
  • Legal
  • Legislation
  • Lottery
  • Opinion
  • Podcasts
  • Poker
  • Politics
  • Promotions
  • Regulation
  • Sports
  • Uncategorized

Better Collective

This website is owned and operated by Better Collective USA. Trademarks and copyrights referenced on this website are and shall remain the exclusive property of their respective owners and/or licensors. Please be sure to visit the operator’s website(s) to review their terms & conditions. We advise you to read these carefully as they contain important information. Copyright © 2023 USBets.com | Better Collective USA
21 Play Responsibly
Gamble Aware West Virginia
Gambling Problem? Call 1-800-Gambler.
GameSense

Search Sports Handle

No Result
View All Result
  • About Us / Contact
  • Responsible Gambling

No Result
View All Result
  • US Sports Betting
    • Arizona
    • Colorado
    • Illinois
    • Indiana
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Michigan
    • New Jersey
    • New York
    • North Carolina
    • Ohio
    • Pennsylvania
    • Tennessee
    • Virginia
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel Sportsbook Promo Code
    • BetMGM Bonus Code
    • Bet365 Bonus Code
    • Caesars Sportsbook Promo Code
    • ESPN BET Promo Code
    • Fanatics Sportsbook Promo Code
    • BetRivers Promo Code
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News