Sports betting

Tennessee Lottery approves first sportsbook licensees

1 minute read
The Tennessee Education Lottery’s Sports Wagering Committee has conditionally approved sports betting licences for a trio of high-profile operators, as the state moves closer to the November 1 launch date for the vertical.

At a meeting yesterday (23 September), the committee provisionally approved applications from Flutter Entertainment’s FanDuel, DraftKings and BetMGM.

They may secure full certification at future committee meetings, scheduled for October 5 and 16, at which it aims to review additional information required to grant full approval to the trio, and consider more applications.

The committee also approved its first supplier licence application at yesterday’s meeting, and 26 additional vendor applications, though these are not yet listed on the Tennessee Education Lottery website.

To date 22 vendors, primarily payment service providers and affiliate or marketing businesses, have been licensed in the state.

“The staff at the Tennessee Lottery performed a tremendous amount of work and due diligence to prepare us for these decisions today,” board chair Susan Lanigan said.

“We appreciate their efforts as we work to establish and support a responsible and competitive sports wagering program in Tennessee.”

Read the full article on iGB North America.

Subscribe to the iGaming newsletter