Tennessee

Latest newsPartnershipsCompetitor landscapeMarket dataComplianceRegulation

Operator/supplier deals

N/A

 

Online/land-based partnerships

N/A

 

Licensing deals

N/A

 

Marketing deals

N/A

 

Sports teams/franchises

NBA:

Memphis Grizzlies

901-205-1234

 

NHL:

Nashville Predators

615-770-2355

 

NHL:

Tennessee Titans

615-565-4200

N/A

State population

3.1 million

 

Revenue

With no gambling legal, the state does not draw any revenues from the activity.

 

Online/offline revenue split

0/100

 

Amounts wagered

N/A

 

Total number of betting premises

N/A

 

Stake tax take

N/A

What type of licenses are available?

Just DFS currently

 

How many skins are permitted per license?

N/A

 

How do you apply for a license?

DFS licensing information available here: https://sos.tn.gov/products/fantasy-sports-application-form

 

What are the integrity fees?

N/A

 

What is the current tax rate?

6% on DFS revenues

 

Is there a self-exclusion register in the state?

No

Is sports betting regulated or unregulated? 

Unregulated

There have been no moves by the legislature thus far, but the leading candidates for state governor are both favorable to the idea.

 

Regulator details

With no land-based casinos in state, a regulator will have to be established to oversee sports betting should the state proceed with it. Currently the Secretary of State oversees the DFS sector.

 

Is sports betting permitted online?

No, and at this stage it is unclear whether any proposed legislation will include an online element.

 

Is there any specific legislation for daily fantasy sports?

Yes, signed into law in 2016. It includes a $50,000 licensing fee and a six percent tax on revenues.

 

What legislation, if any, is currently pending?

None