At a time when we’re seeing record gambling revenues from Las Vegas to Atlantic City, we may lose sight that Colorado and Tennessee sports betting are also doing well. Actually, Colorado just set a new record for their sports betting handle with just over $408 million in the month of September. The monthly revenue for the state was more than $22 million, which barely missed setting another record for revenue in a month. Their best month ever was slightly over $23 million. Meanwhile, Tennessee sports betting is doing better than anyone expected. The state’s Education Lottery there have been $1.7…

For the first time in the short history of American online gambling regulation, a license has been suspended. The sports betting license of Action 24/7 has been suspended by the state of Tennessee, where the company is based. Following a meeting of the state regulator, the Tennessee Lottery, it was decided to pull the operators license due to suspicious betting activity, which included play through a proxy and suspected credit card fraud. The Action 24/7 team actually brought the matter to the attention of the regulator after they began investigating the player account which made 184 different deposits from seven…

Tennessee sports betting was approved over a year ago. Now, as the launch date is upon us, the state has approved four gambling operators for the state: BetMGM, DraftKings, FanDuel and Tennessee Action 24/7. State law will permit betting on sporting events over the internet, including mobile devices. A customer must be at least 21 years old to play and physically located in Tennessee at the time a wager is placed. Sports betting analyst Brian Pempus said he believes it will bring visitors to the state. “I think you’re going to see people traveling into Tennessee from Alabama, Georgia. You…

Legal Tennessee sports betting is coming into focus after the state’s House of Representatives passed a bill on April 24th, while its companion bill is headed for a floor vote in the Senate. The Tennessee bill has undergone a series of changes during its passage through the state House. Language permitting bricks and mortar betting has been removed, meaning Tennessee would become the first state to legalize online wagering only. Meanwhile, the state senate is set to hold a debate on a bill that would allow certain forms of sports betting in Louisiana. The bill, known as the Louisiana Sports…

Don’t look now, but another state has an eye on gambling. Tennessee sports betting has jumped onto the radar in the form of the Tennessee Sports Gaming Act. When the Supreme Court of the United States struck down the federal betting sports ban last year, all experts expected a torrent of state legislation to follow. Tennessee is proving them right, with a new proposed bill in the works. “Local Memphis” reports the Tennessee Sports Gaming Act will give local governments the right to decide if they want sports betting locations in their area. If approved, local communities could “then petition…