What's new
Streak Gaming Online Gambling Forum

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Lottery officials say there's no timeline for when Tennesseans can start placing online sports bets

Users who viewed this discussion (Total:0)

vixen777

Owner
Staff member
Joined
Jan 14, 2008
Messages
61,181
SOURCE



NASHVILLE, Tenn. — Lottery officials say there's no timeline for when Tennesseans can start placing online sports bets, despite the act becoming legal in July.

The Tennessee Lottery is currently accepting public comments on draft rules for the program in Tennessee. It would allow Sports Betting online only through vendors who decide to take part in the program. The comment period ends on Monday.

Once comments on the program are in, Tennessee Lottery and an appointed nine member advisory board will make the final decisions on the rules. It's unclear how long that process will take. Once that's completed, the process of creating the application for vendors will occur.

Despite there being no set date for bets to open, some businesses are hopeful betting will begin sometime close to when March Madness begins.

Cal Spears is the CEO for Better Collective TN, a Sports Betting company that owns and operates Rotogrinders.com . Spears said he has high hopes for the Tennessee sports gambling program despite some key concerns with rules that are currently written in the draft.

One such rule caps the total payout for players to 85-percent. That's a number Spears says is much lower than the industry average and means players would receive less money per bet than other states.
 

dani3839

Administrator
Staff member
Joined
Jan 17, 2008
Messages
82,571
sounds like Tennessee still has a lot of work to do
 

Top