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Tennessee: Three sports betting operators receive fines

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2024-07-19

Tennessee: Three sports betting operators receive fines

Three Tennessee sports betting operators received fines from the state’s betting regulator earlier this week.

BetMGM received the largest fine of the operators, accepting a $25,000 financial hit for allowing bettors to wager on penalties. The state prohibits wagering on topics like injuries and penalties.

Action 24/7, which only operates in Tennessee, received an $18,000 fine from the Tennessee Sports Wagering Council. Action 24/7 was fined for allowing self-excluded bettors to deposit and place bets using the betting app.

Allowing self-excluded bettors to wager often draws the ire of state regulators, who try to emphasize responsible gambling best practices.

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