{"id":11143,"date":"2020-11-02T13:04:49","date_gmt":"2020-11-02T13:04:49","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=11143"},"modified":"2020-11-02T07:05:20","modified_gmt":"2020-11-02T07:05:20","slug":"tennessee-sports-betting-market-up-and-running-from-nov-1","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/","title":{"rendered":"Tennessee Sports Betting Market Up And Running From Nov 1"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/03\/tennessee.jpg\" alt=\"Tennessee\" title=\"Tennessee Sports Betting Market Up And Running From Nov 1\" width=\"300\" class=\"alignleft size-full wp-image-6147\" \/>The <a href=\"https:\/\/www.legitgambling.com\/news\/tennessee-lottery-prepares-for-online-sports-betting-launch\/\">Tennessee Lottery<\/a> announced that legalized sportsbooks were going to accept the first-ever online only sports bets from Nov 1. <\/p>\n<p><strong>BetMGM, DraftKings, and FanDuel<\/strong>, three of the four licensed operators met the requirements and went live on Nov 1 while <a href=\"https:\/\/www.action247.com\">Tennessee Action 24\/7<\/a>, went live on Nov 2. <\/p>\n<p>In the spring of 2019, <strong>Bill Lee<\/strong>, Governor of Tennessee, gave the green light for sports betting to be legalized despite his opposition to allowing <a href=\"https:\/\/www.legitgambling.com\/us\/states\/tennessee\">gambling in Tennessee<\/a>, a state that has no casinos. <\/p>\n<p>The new gaming law now makes it possible for the state lottery to regulate everything surrounding sports betting. <\/p>\n<p>Every company or individual looking to get into the sports betting business in Tennessee will be subjected to a detailed vetting process as per the new regulations.<\/p>\n<p><strong>Dave Smith<\/strong>, the lottery spokesperson, added that an additional three operators had applied to manage sportsbooks. These three operators are <strong>William Hill, Churchill Downs and Wynn Resorts<\/strong>.<\/p>\n<p><strong>NewsChannel 5<\/strong><\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\">\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/6j8pKKOfo28?rel=0&amp;showinfo=0?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe>\n<\/div>\n<p>&nbsp;<\/p>\n<h2>Sports Betting Operations<\/h2>\n<p>Legalized sports betting in Tennessee dictate that online betting is limited to individuals who are 21 years and above. They have to be physically located in the state at the time of placing the bets. <\/p>\n<p>The regulations also stipulate that when you take into consideration the privilege taxes accrued from sports betting, 80 percent has to go towards education, 15 percent gets invested in the infrastructure run by the local government and the remaining 5 percent is set aside for substance abuse and mental health services.<\/p>\n<p>The start of online-only sports betting in Tennessee has been greeted with a flurry of excitement. Advertising is already on overdrive, with betting operators using all channels to get their brand before bettors in the state. They are using television, billboards and social media channels to highlight their sports betting services which are currently focused on the <a href=\"https:\/\/www.legitgambling.com\/sports-betting\/american-football\/nfl\">NFL<\/a>.    <\/p>\n<h2>Tennessee Could Have $6 Billion Market<\/h2>\n<p>Market analysts estimate that sports betting in Tennessee could generate up to $6 billion in revenue when the market reaches its full potential. The betting market in Tennessee is similar to that of Indiana which brought in $1.4 billion in sports wagers in the first 13 months of its launch.<\/p>\n<p>We will have to wait for a few months to see how sports betting fares in Tennessee given that the state has a number of strict regulations in place when compared to <a href=\"https:\/\/www.legitgambling.com\/us\/states\/indiana\">Indiana<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tennessee Lottery announced that legalized sportsbooks were going to accept the first-ever online only sports bets from Nov 1. BetMGM, DraftKings, and FanDuel, three of the four licensed operators met the requirements and went live on Nov 1 while Tennessee Action 24\/7, went live on Nov 2. In the spring of 2019, Bill Lee, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,1],"tags":[],"class_list":["post-11143","post","type-post","status-publish","format-standard","hentry","category-legislation","category-sports","category-usa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Tennessee Sports Betting Market Up And Running From Nov 1 -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tennessee Sports Betting Market Up And Running From Nov 1 -\" \/>\n<meta property=\"og:description\" content=\"The Tennessee Lottery announced that legalized sportsbooks were going to accept the first-ever online only sports bets from Nov 1. BetMGM, DraftKings, and FanDuel, three of the four licensed operators met the requirements and went live on Nov 1 while Tennessee Action 24\/7, went live on Nov 2. In the spring of 2019, Bill Lee, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-02T13:04:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/03\/tennessee.jpg\" \/>\n<meta name=\"author\" content=\"David Nugent\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Nuge1983\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Nugent\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" 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Sports Betting Market Up And Running From Nov 1 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Nugent\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/david-nugent.jpg\",\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/david-nugent.jpg\",\"contentUrl\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/wp-content\\\/uploads\\\/2018\\\/02\\\/david-nugent.jpg\",\"caption\":\"David Nugent\"},\"description\":\"First off, I want to say hi and wish a warm welcome to all gambling aficionados out there! My name is David Nugent and I am editor-in-chief of LegalGamblingAndTheLaw.com. I have always enjoyed various sports, primarily soccer, as I am a die-hard Everton fan. Over time, I learned more about sports betting and discovered the fascinating online gambling industry. Eventually, I decided to turn this passion of mine into a project, and that\u2019s how this platform came to be. I am excited to share my story with you and talk about this platform that\u2019s a result of over 20 years of experience I have in the industry. My Beginnings My love for sports has always been a big part of my life. It all started with my dad and me playing in the backyard, but I continued to play sports throughout both elementary and high school. At that time, I knew very little about sports betting since it wasn\u2019t legal in Pennsylvania, but I quickly learned that other states have different laws and that sports betting was legalized in some of them. When the time to pick a college came, everyone thought I was going to do something sports-related. However, that wasn\u2019t my plan. Since there are many lawyers in my family, I decided to follow in their footsteps. I studied law at the University of Pennsylvania, and during that time, my passion for sports only grew bigger. I would watch various sporting events with my friends and attend all matches and games that were happening in the area. On one occasion, I decided to go on a road trip to Vegas with my friends, and, needless to say, I fell in love with the bright lights, humongous buildings, and fantastic casinos. That\u2019s when I discovered the whole gambling scene I knew nothing about. Of course, I knew how to play some games, such as poker and blackjack, but I never realized how well-developed this industry actually was. That trip changed my perspective on what I wanted to do with my life. After I graduated, I took some time off and I traveled through the US, exploring various casinos and land-based sportsbooks. I also spent one year in the UK, where my dream of watching Everton play finally came true. There, I realized how advanced the whole gambling industry is and that the legal aspect of it was quite different than in the US. I spent that time writing for various online platforms where I had the opportunity to share my extensive knowledge about sports. When I came back to the US, I was given a chance to write for an international soccer magazine where I covered the Premier League \u2014 which I was crazy about \u2014 Bundesliga, and other international tournaments. After having written hundreds of sports-related articles, I knew what I wanted to do \u2014 create my own platform and share my knowledge with others. How LegalGamblingAndTheLaw.com Came to Life Once I set the goal, I started doing extensive research on the online gambling industry and the laws surrounding it. I wanted to combine my background in law and the passion I have for sports and create a high-quality online platform. While the online gambling industry was flourishing in Europe, the exact opposite was happening in the US. That is, until 2018 when PASPA (Professional and Amateur Sports Protection Act) was overturned. After that, every US state was allowed to introduce new laws and provide operators that wanted to offer various online gambling opportunities with licenses. That was the start of the online gambling industry in the US. Since I knew how online gambling worked thanks to the experience I gained when I was in the UK, I was extremely excited to have the opportunity to introduce US players to the best online gambling platforms and show them that online sportsbooks and casinos can offer an immersive gambling experience, just like their land-based counterparts. Why I Do This What attracted me to online gambling was the possibility of placing bets on my favorite teams from the comfort of my home. I wanted to be able to do that using safe platforms and secure payment options to fund my betting account. And that is exactly what I want for my fellow bettors, too. Naturally, I was a bit of a skeptic myself at first when it came to online gambling simply because I knew how unsafe some sites can be. But once I did some research and talked to fellow European experts, I realized that there is a way to find perfectly safe online gambling platforms. Every gambling site you find on this platform has gone through extensive and rigorous testing to ensure its safety and reliability. Additionally, I have studied the laws of each state in the US, as well as of other countries worldwide, to gain a deeper understanding of how online gambling works in different parts of the world. I\u2019d like to note that the online gambling industry has just begun its journey and we are yet to see its significant growth and improvement in the future. It will be my pleasure to witness all of that with you. I Couldn\u2019t Have Done This on My Own Of course, none of this would have been possible if it weren\u2019t for the amazing team of people I gathered for this project. Since I have only basic knowledge of web development, I started working with some experienced developers who have helped me build this platform. Today, they are here to make sure everything runs smoothly. Also, I knew from the beginning that I wouldn\u2019t be able to take care of all the content on my own, which is why LegalGamblingAndTheLaw.com has an incredible team of experienced gamblers, writers, and people with a background in law. They help me conduct in-depth research and find all the necessary information. Naturally, since this industry is still new in the US, we are all learning a lot, and we will continue to do so in order to improve our platform and make your experience better. Finally, I would love to hear your feedback, suggestions, and comments, so feel free to contact me at any time.\",\"sameAs\":[\"https:\\\/\\\/x.com\\\/Nuge1983\"],\"url\":\"https:\\\/\\\/www.legitgambling.com\\\/news\\\/author\\\/david-nugent\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Tennessee Sports Betting Market Up And Running From Nov 1 -","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/","og_locale":"en_US","og_type":"article","og_title":"Tennessee Sports Betting Market Up And Running From Nov 1 -","og_description":"The Tennessee Lottery announced that legalized sportsbooks were going to accept the first-ever online only sports bets from Nov 1. BetMGM, DraftKings, and FanDuel, three of the four licensed operators met the requirements and went live on Nov 1 while Tennessee Action 24\/7, went live on Nov 2. In the spring of 2019, Bill Lee, [&hellip;]","og_url":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/","article_published_time":"2020-11-02T13:04:49+00:00","og_image":[{"url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/03\/tennessee.jpg","type":"","width":"","height":""}],"author":"David Nugent","twitter_card":"summary_large_image","twitter_creator":"@Nuge1983","twitter_misc":{"Written by":"David Nugent","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/#article","isPartOf":{"@id":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/"},"author":{"name":"David Nugent","@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/62b95ea7a9ef19e9ed907cf260f88242"},"headline":"Tennessee Sports Betting Market Up And Running From Nov 1","datePublished":"2020-11-02T13:04:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/"},"wordCount":388,"commentCount":0,"image":{"@id":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/03\/tennessee.jpg","articleSection":["Legislation","Sports","USA"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/","url":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/","name":"Tennessee Sports Betting Market Up And Running From Nov 1 -","isPartOf":{"@id":"https:\/\/www.legitgambling.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/#primaryimage"},"image":{"@id":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/#primaryimage"},"thumbnailUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/03\/tennessee.jpg","datePublished":"2020-11-02T13:04:49+00:00","author":{"@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/62b95ea7a9ef19e9ed907cf260f88242"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legitgambling.com\/news\/tennessee-sports-betting-market-up-and-running-from-nov-1\/#primaryimage","url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/03\/tennessee.jpg","contentUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/03\/tennessee.jpg","width":380,"height":250},{"@type":"WebSite","@id":"https:\/\/www.legitgambling.com\/news\/#website","url":"https:\/\/www.legitgambling.com\/news\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.legitgambling.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.legitgambling.com\/news\/#\/schema\/person\/62b95ea7a9ef19e9ed907cf260f88242","name":"David Nugent","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/david-nugent.jpg","url":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/david-nugent.jpg","contentUrl":"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2018\/02\/david-nugent.jpg","caption":"David Nugent"},"description":"First off, I want to say hi and wish a warm welcome to all gambling aficionados out there! My name is David Nugent and I am editor-in-chief of LegalGamblingAndTheLaw.com. I have always enjoyed various sports, primarily soccer, as I am a die-hard Everton fan. Over time, I learned more about sports betting and discovered the fascinating online gambling industry. Eventually, I decided to turn this passion of mine into a project, and that\u2019s how this platform came to be. I am excited to share my story with you and talk about this platform that\u2019s a result of over 20 years of experience I have in the industry. My Beginnings My love for sports has always been a big part of my life. It all started with my dad and me playing in the backyard, but I continued to play sports throughout both elementary and high school. At that time, I knew very little about sports betting since it wasn\u2019t legal in Pennsylvania, but I quickly learned that other states have different laws and that sports betting was legalized in some of them. When the time to pick a college came, everyone thought I was going to do something sports-related. However, that wasn\u2019t my plan. Since there are many lawyers in my family, I decided to follow in their footsteps. I studied law at the University of Pennsylvania, and during that time, my passion for sports only grew bigger. I would watch various sporting events with my friends and attend all matches and games that were happening in the area. On one occasion, I decided to go on a road trip to Vegas with my friends, and, needless to say, I fell in love with the bright lights, humongous buildings, and fantastic casinos. That\u2019s when I discovered the whole gambling scene I knew nothing about. Of course, I knew how to play some games, such as poker and blackjack, but I never realized how well-developed this industry actually was. That trip changed my perspective on what I wanted to do with my life. After I graduated, I took some time off and I traveled through the US, exploring various casinos and land-based sportsbooks. I also spent one year in the UK, where my dream of watching Everton play finally came true. There, I realized how advanced the whole gambling industry is and that the legal aspect of it was quite different than in the US. I spent that time writing for various online platforms where I had the opportunity to share my extensive knowledge about sports. When I came back to the US, I was given a chance to write for an international soccer magazine where I covered the Premier League \u2014 which I was crazy about \u2014 Bundesliga, and other international tournaments. After having written hundreds of sports-related articles, I knew what I wanted to do \u2014 create my own platform and share my knowledge with others. How LegalGamblingAndTheLaw.com Came to Life Once I set the goal, I started doing extensive research on the online gambling industry and the laws surrounding it. I wanted to combine my background in law and the passion I have for sports and create a high-quality online platform. While the online gambling industry was flourishing in Europe, the exact opposite was happening in the US. That is, until 2018 when PASPA (Professional and Amateur Sports Protection Act) was overturned. After that, every US state was allowed to introduce new laws and provide operators that wanted to offer various online gambling opportunities with licenses. That was the start of the online gambling industry in the US. Since I knew how online gambling worked thanks to the experience I gained when I was in the UK, I was extremely excited to have the opportunity to introduce US players to the best online gambling platforms and show them that online sportsbooks and casinos can offer an immersive gambling experience, just like their land-based counterparts. Why I Do This What attracted me to online gambling was the possibility of placing bets on my favorite teams from the comfort of my home. I wanted to be able to do that using safe platforms and secure payment options to fund my betting account. And that is exactly what I want for my fellow bettors, too. Naturally, I was a bit of a skeptic myself at first when it came to online gambling simply because I knew how unsafe some sites can be. But once I did some research and talked to fellow European experts, I realized that there is a way to find perfectly safe online gambling platforms. Every gambling site you find on this platform has gone through extensive and rigorous testing to ensure its safety and reliability. Additionally, I have studied the laws of each state in the US, as well as of other countries worldwide, to gain a deeper understanding of how online gambling works in different parts of the world. I\u2019d like to note that the online gambling industry has just begun its journey and we are yet to see its significant growth and improvement in the future. It will be my pleasure to witness all of that with you. I Couldn\u2019t Have Done This on My Own Of course, none of this would have been possible if it weren\u2019t for the amazing team of people I gathered for this project. Since I have only basic knowledge of web development, I started working with some experienced developers who have helped me build this platform. Today, they are here to make sure everything runs smoothly. Also, I knew from the beginning that I wouldn\u2019t be able to take care of all the content on my own, which is why LegalGamblingAndTheLaw.com has an incredible team of experienced gamblers, writers, and people with a background in law. They help me conduct in-depth research and find all the necessary information. Naturally, since this industry is still new in the US, we are all learning a lot, and we will continue to do so in order to improve our platform and make your experience better. Finally, I would love to hear your feedback, suggestions, and comments, so feel free to contact me at any time.","sameAs":["https:\/\/x.com\/Nuge1983"],"url":"https:\/\/www.legitgambling.com\/news\/author\/david-nugent\/"}]}},"_links":{"self":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts\/11143","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/comments?post=11143"}],"version-history":[{"count":0,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/posts\/11143\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/media?parent=11143"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/categories?post=11143"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.legitgambling.com\/news\/wp-json\/wp\/v2\/tags?post=11143"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}