January 29, 2021 Sports Betting, Casino, Online

Tennessee regulators approve William Hill, Wynn online sports betting

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The Tennessee Lottery Sports Wagering Committee has approved licenses for William Hill and Wynn Sports to operate mobile sports betting sites.

Tennessee offers online-only sports wagering.

The Associated Press, which first shared the news, also reported that Churchill Downs won’t launch its app in time for the Super Bowl on Feb. 7. 

Tennessee Lottery CEO Rebecca Hargrove told the AP that one operator’s server was located near the site of a Christmas Day bomb detonation in downtown Nashville. 

The explosion killed the detonator, Anthony Quinn Walker, injured eight other people and damaged several properties and businesses including an AT&T network hub. 

The AP did not specify which operator was impacted. 

DraftKings, FanDuel, BetMGM and Tennessee Action 24/7 are the four operators currently live in the Volunteer State. 

In December the state generated $181m of handle, a 37.6% increase from November. Over two months Tennessee sports betting handle has already surpassed $312m. 

William Hill and Wynn Sports are eager to cash in on Super Bowl wagering. The NFL’s championship game is annually the most wagered on sports contest in the United States. 

The early success of Tennessee’s market could drive more operators to invest in the state.

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