Tennessee Betting Progress Slows, Pushing It Possibly To 2020

Sports bettors at Tennessee hoping to bet about the Titans’ first snap of their normal season need to be pleased just rooting for your home team some time longer.
State lawmakers and other officials confirm that setting up the country’s first mobile-only sports gambling operation, in a country that where gambling is but prohibited, is taking longer than expected.
Optimistic estimates for initial bets are at winter, with much more realistic estimates in early 2020.
The Tennessee Education Lottery Corporation, which manages sports gambling, will create the regulations needed for gambling to start.
Additionally, it will work with a nine-member advisory panel, selected by the governor, lieutenant governor and Speaker of this House, that will advise the lottery company on several different topics including technician assistance and best practices.
The betting bill became law on July 1. As of now, less than half the advisory panel’s members have been selected.
Lieutenant Gov. Randy McNally told reporters Thursday he’d favor all nine members of the regulatory board be selected until guidelines for Tennessee sports betting are put.
McNally, that voted against sports betting has made two out of three board choices: former FBI agent Brian Fazenbaker and Knox County’s Chief Deputy District Attorney General Samuel Lee.
Embattled GOP House Speaker Glen Casada, that supported the gambling measure, also made two appointments on the board:?? Knoxville lawyer John Valliant Jr. and lobbyist Thomas Lee.
Cadasa resigned his position as leader of their GOP-controlled House last week under a cloud of controversy concerning explicit text messages on women, according to the Associated Press.
House Speaker nominee Rep. Cameron Sexton is predicted to produce the third board pick after formally becoming speaker later in the month at a particular legislative session.
Republican Gov. Bill Lee, who wasn’t supportive of expanded gaming in the state and let the laws become law without his signature, has yet make some of the three appointments to the sport wagering council.
Lee said he will make decisions in next few weeks and isn’t slowing down the process, the AP reported.
Regardless progress in getting the ball rolling on implementing legal sports betting in Tennessee has slowed.
Regulations need to be in place prior to any betting can happen, according to lottery officials.
“According to the Tennessee Sports Gaming Act, the Tennessee Education Lottery Corporation is currently working to create the essential rules and procedures required for internet sports wagering,” Tennessee Lottery spokesperson Kym Gerlock wrote in an email to the Tennessean. “There is no timeline now, but we’ll post updates to our website as they are readily available.”
Sports betting is projected to create up to $254 million in non gambling revenue annually.
15 percent of tax revenue goes ahead of the Lottery for Education Fund, 15 percent goes to local government infrastructure projects and 5 percent on the Mental Health and Substance Abuse Services Department to help with people with gambling ailments such as dependency.
View a listing of US sportsbooks by state using Sportsbook Review.

Leave a Reply

Your email address will not be published. Required fields are marked *