With its official launch on Nov. 1, Tennessee becomes the 19th state with legal sports betting. But there is one important fact locals should understand: You won’t find any retail sportsbooks in the Volunteer State. Why? Because everything will be completely mobile-based.
Here’s a quick rundown of everything you need to know about Tennessee online sports betting.
How sports betting will work in Tennessee
PlayUSA is here to provide you with a quick rundown on how things will work in Tennessee. Don’t worry, other detailed guides will follow. For now, mobile wagering in Tennessee will function as it does elsewhere in the US.
Since there are no physical sportsbooks, residents and visitors can sign up for their betting accounts from anywhere in the state. Geolocation will make sure that betting only occurs within state lines. The minute anyone travels outside of TN, they will no longer be permitted to place bets.
While there will be betting on college sports, no prop bets or in-play wagers for college sports will be available.
Tennessee sports betting options
To kick things off in Tennessee, there will be three online sports betting options available. But rest assured, more will follow.
FanDuel Sportsbook in Tennessee
FanDuel Sportsbook is one of the major players in the sports betting wars, and it will be available on day one. The daily fantasy sports (DFS) turned sports betting operator is slowly becoming a dominant force around the US, especially in New Jersey. Since Tennesseans love college football and college basketball, expect big things for March Madness betting and the remainder of the college football season.
DraftKings Sportsbook in Tennessee
The DraftKings Sportsbook has been one of the first to launch in almost every state where online betting is an option, so it’s no surprise that it will be available to Tennessee customers from the start. The Boston-based company has been making waves since it became a publicly traded company, with DraftKings stock becoming one of the most talked-about investments on Wall Street. Adding Tennessee to its list of conquest will only help increase the brand.
BetMGM Sportsbook in Tennessee
The last mobile sportsbook available on launch day will be BetMGM. The casino company, MGM Resorts International, has launched in five states, and along with Tennessee, has plans to launch in two more. Although a force in the casino space for 30 years, MGM has only been in the sports betting space since July 2018. MGM has several partnerships with professional sports leagues, so expectations are high.
Tennessee Action 24/7
A locally owned and operated business venture, Action 24/7 will only be available in Tennessee. Not much is known about the sports betting venture, but per the company website, the TN Education Lottery is still processing its sports gaming operator license.
Who else will launch in the future?
As with anything sports betting related, we here at PlayUSA can’t predict the future. However, we can provide an educated guess as to which operators will eventually launch.
Again, since TN is a mobile-only state, it could provide an easier route for big-name operators. Companies will not have to worry about converting physical space or complying with strict COVID-19 guidelines. However, they might need to beef up their online tech support to accommodate the abundance of new online traffic.
Here are a few, but certainly not all, of the sportsbooks we expect to eventually launch in Tennessee:
- BetAmerica Sportsbook: While not a common name, BetAmerica is mostly associated with neighboring Kentucky. You might recognize its parent company, Churchill Downs.
- BetRivers Sportsbook: Only available in Pennsylvania, New York and Illinois, BetRivers is still making a name for itself. However, creating a stronghold in the South will give the operator much-needed brand awareness for future ventures.
- Caesars Sportsbook: Arguably the largest casino operator in the US, Caesars will look to leverage its brand name in TN as it does in other neighboring states.
Sports betting may be new to Tennessee, but it’s certainly not new to the South. Betting is available in Arkansas and Mississippi and will be voted on in Louisiana come Election Day.