• About Us / Contact
  • Responsible Gambling
This site contains commercial content
SportsHandle
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
    • Guide To ‘Risk-Free’ Bets
  • News
No Result
View All Result
SportsHandle
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
    • Guide To ‘Risk-Free’ Bets
  • News
No Result
View All Result
SportsHandle
No Result
View All Result

Mobile Sports Betting Bill In Tennessee A ‘Work In Progress’

Brian Pempus by Brian Pempus
February 28, 2019
in Regulation
tennessee sports betting bill
Share on FacebookShare on Twitter

A plan to allow sports betting in Tennessee cleared an early hurdle on Wednesday when a House subcommittee advanced the measure. It was the first significant development for the legislation since it was pre-filed in early November.

The legislation, House Bill 1, would allow mobile wagering statewide, as well as at brick-and-mortar sports betting locations. But the state doesn’t have casinos or horse racing tracks, so the retail shops would not be traditional sportsbooks. And as a matter of procedure, sports betting approval would be subject to local referendums.

The sports betting votes could occur under a special election or concurrently with a general election. The legislation itself would more than likely not require a referendum for a constitutional amendment, according to an analysis from the state’s attorney general.

There was a comment made during the Departments & Agencies Subcommittee meeting that mobile wagering could actually begin before the local government decisions. Sports Handle was unable able to reach the sponsor of the legislation, state Rep. Rick Staples, a Democrat, for clarification.

The bill, which is expected to have an identical companion bill in the Senate, was described Wednesday as a “work in progress.”

More details are expected to emerge when the full committee brings up the measure, as early as next week. The 2019 session for the Tennessee General Assembly is slated to end in mid-May. A complication for the bill is the governor’s broad anti-gambling position, but putting the issue up to local communities could alleviate the Republican governor’s concerns.

No remote registration (as of now)

Although lawmakers are seeking to authorize bets over the internet, which is what most sports bettors prefer and would allow the state to reach full market potential, the lawmakers are currently considering a provision that would not allow for bettors to register remotely to establish accounts.

“Prior to placing a wager with a licensee through a remote kiosk or via interactive sports wagering, a bettor shall register with the licensee in person and attest that the bettor meets the requirements to place a wager with a licensee in this state,” reads a provision in the 23-page gambling bill.

New Jersey‘s steadily rising mobile sports betting market does allow for remote registration by residents (or transients entering New Jersey) across the state, and Pennsylvania, once mobile goes live, will do the same.

Tennessee would stand a much better chance to achieve its projection for $148.7 mm in annual revenue for licensed operators, if it were to allow remote sign-ups. Based on the proposed tax rate of 10%, the state is eying nearly $15 mm a year in tax benefits from a mature industry. Assuming a hold percentage of about 5%, Tennessee is expecting about $3 billion in annual handle.

The state is also eyeing an additional $375,000 annually in the form of licensing fees. The state projects there to be at least 50 retail sports betting locations, which would combat the state’s problem of only “moderate access to high speed internet in Tennessee,” according to a fiscal note.

Highlights of Tennessee HB 1

  • Mobile Betting? Yes
  • In-person registration required? Yes
  • Tax rate: 10%
  • Annual license fee: $7,500
  • Legal to bet on college games?: Yes
  • Fee to pro leagues: No
  • Use of “official league data” mandated?: No
  • Regulatory body: Tennessee Gaming Commission
  • Where the money goes: General Fund
ShareTweetShare
Brian Pempus

Brian Pempus

Brian served as a senior reporter and online content manager for Card Player Magazine for nearly a decade before joining USBets in October 2018. He is currently focused on legal and regulated sports betting and online gaming. He's an avid jiu-jitsu practitioner in his free time.

Related Posts

Tennessee December 2022 revenue report
Industry

Tennessee Rings Out 2022 With Monthly Sports Wagering Records

January 13, 2023
Tennessee scenic
Industry

Football Wagering Powers Tennessee To Second Straight Record-Setting Handle Month

December 16, 2022
Load More

Top Stories

patrick mahomes

Mahomes’ Ankle Speculation Twists Line Movement In Chiefs-Bengals Rematch

January 27, 2023
fanatics-grand-opening

Fanatics Sportsbook At FedEx Field Offers Unique Retail Option In Maryland

January 23, 2023
Shutterstock

Missouri Legislators Lament Exodus Of Bettors To Neighboring States

January 27, 2023
rob gronkowski adam vinatieri

Rob Gronkowski Goes Training Montage Route In Latest FanDuel Spot

January 17, 2023

State Sports Betting Guides

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 – Where To Play, Bonus Offers And Promo Codes

by Brian Pempus
January 25, 2023

Downtown Detroit at twilight (Shutterstock)

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

by Brett Smiley
January 27, 2023

VA captial

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

by Brett Smiley
January 17, 2023

nj flag

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

by Brett Smiley
October 20, 2022

pa online sportsbooks

Pennsylvania Sports Betting – Where To Play, Online Sportsbooks And Bonuses

by Brett Smiley
October 6, 2022

Canada Sports Betting Guides

Canada Sports Betting – Best Sportsbook Apps & Bonus Offers

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

Ontario Sports Betting – Legal Status And Where To Play

gambling therapy
ncpg
igaming ontario
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 (MI/NJ/OH/PA/WV), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN).
19+. Please play responsibly. Terms and conditions apply. 
Individuals must be 19 years of age or older to participate in igaming in Ontario. Gambling can be addictive, please play responsibly. If you, or someone you know, has a gambling problem in Ontario and wants help, please visit ConnexOntario or call their helpline at 1-866-531-2600. Operators on this website operate pursuant to an Operating Agreement with iGaming Ontario.

Search Sports Handle

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

No Result
View All Result
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
    • Guide To ‘Risk-Free’ Bets
  • News

loading

Please wait while you are redirected to the right page...

Please share your location to continue.

Check our help guide for more info.

share your location