News & Events

Guest column: Tennessee’s bet on sports gambling is paying off – Nashville Business Journal

Butler Snow Government Relations Advisor Clinton Sprinkle gave an update on the Tennessee Sports Gaming Act in a recent guest column from the Nashville Business Journal.

The following is an excerpt from the article:

As a politically conservative southern state without a single casino, gambling riverboat, or even a horse track taking bets, Tennessee was a long shot to become a boom state for legalized sports gambling. That all changed with the passage of the Tennessee Sports Gaming Act in April 2019, which made Tennessee the first state to legalize online-only gaming – completely avoiding brick and mortar locations altogether. The passage of the bill was a surprise to many and suddenly, in a state where charity bingo games are banned, an industry once confined to the shadows was allowed to leap into the light and primarily exist within the confines of a smartphone screen.

It took Tennessee nearly 18 months from the passage of the bill to write the rules and prepare to go live. On Nov. 1, 2020, four approved operators – BetMGM, DraftKings, FanDuel and Action 24/7 Sports – began taking bets from adults, 21 years old and older, who are physically located within the state of Tennessee. It has been a smashing success.

Read the article in its entirety here (subscription required).