..

Millions Wagered in First Week of Tennessee Sports Betting

Written by:
Associated Press
Published on:
Nov/19/2020

NASHVILLE, Tenn. (AP) — Gamblers in Tennessee wagered more than $27 million in the first week of the state’s online sports betting program, officials said.

WHAT YOU GET FOR JUST $5 PER PLAYER PER WEEK:

  • Easy to use player management system
  • Set player limits and access
  • Create and Edit your players
  • Daily, Weekly and Monthly Player figures
  • Intuitive and reliable reports
  • Player Risk Management Tools
  • And much more - Learn More Here

WHAT YOU GET:

  • sports betting
  • Live Betting
  • Player Prop Bet Builder
  • horse racing
  • digital casino
  • live dealer casino
  • access to our telephone service - Learn More Here

From Nov. 1 through Nov. 8, the adjusted gross income from gambling was more than $2.5 million, and the amount of tax money generated was $509,000, according to the Tennessee Education Lottery, which oversees sports wagering in Tennessee.

More than $5 million in bets was placed on Nov. 1, the first day of online gambling in the state, officials said.

Sports betting barely passed the Tennessee legislature in spring 2019. Republican Gov. Bill Lee let it become law without signing it due to his opposition to more gambling in a state without casinos.

Operators such as DraftKings, FanDuel and BetMGM take bets from people 21 or older who are physically located in Tennessee at the time a wager is placed.

Gambling News

What to Avoid in Online Gambling Sites

What to Avoid in Online Gambling Sites

Online gambling, which started around 2010 has since grown to be one of the major activities on the internet today. Since then, the industry has seen a few changes in terms of public perception and acceptance. Also, the industry has witnessed some adjustments in the laws and regulations guiding its operation.

Controversy Brewing: Draftkings Voiding Tyson-Jones Bets?

Draftkings was among the only sportsbooks that booked Saturday night's monster Mike Tyson-Roy Jones, Jr fight.  Because it was billed as an exhibition fight, few were taking bets.  BetOnline only offered a handful of prop wagers, including whether Tyson-Jones would go the distance.

Start a Sportsbook Betting

Start a Sportsbook Betting

To start a book betting is actually very simple nowadays, instead of back in the day when everything had to be done by hand, and the betting options were extremely limited.

5 Exciting Card Games from Around the World

Card games are exciting and entertaining. So, it only makes sense for card lovers worldwide to want to explore other options out there. Luckily, there are dozens of card games worldwide, most of which we will discuss in this article. 

Sports Betting Has Been Big Business for States

Sports Betting Has Been Big Business for States

The numbers don't lie.  Since a handful of states legalized sports betting over the past two years, the take has been staggering.

Syndicate