Tennessee Sports Betting Adds Three New Sportsbooks
The state of Tennessee has had legal sports betting since November 1, 2020, and it continues to be a state with online-only options. There has been some limited growth since Tennessee sports betting first launched, but 2022 could be a big year for the state.
The Sports Wagering Advisory Committee is now overseeing the industry as it took over the reins on January 1, 2022. The Tennessee Education Lottery had been in charge, but it was more than willing to give up control to the SWAC.
One of the biggest issues with the TEL is that it was slow to approve new operators. That has not been the case with the SWAC, and that group just recently approved three new operators for a license in Tennessee.
It’s unclear when these new operators are planning to launch, but there will be three new terrific options coming to the state. Without any casinos or retail sportsbooks in the state, online-only licenses are available for any company that wants to apply for a license.
BallyBet Has Tennessee Sports Betting Partner
BallyBet is one of the operators that will be launching at some point in the state of Tennessee and it will come into the state with plenty of brand recognition. In October 2021, BallyBet was named the Official Sports Betting Partner of the Nashville Predators, and the Preds are one of the most popular teams in the state.
Bally Sports is the parent company of BallyBet, and that’s a big name in the US sports betting industry. BallyBet is currently operating in five states throughout the country, but there will be more growth coming in 2022.
SuperBook Continues to Expand
The WestGate SuperBook is another future Tennessee sports betting operator, and this name is synonymous with legal sports betting. SuperBook Sports and Westgate Resorts have combined to offer the SuperBook, and this will be the fifth state with this option.
The SuperBook plans to be live by mid-April, which will be plenty of time to get settled before the NFL season. This operator is known for offering some massive contests when it comes to the NFL and those will now be available to residents of the Volunteer State.
Betly Making a Push
Betly is the third operator that was recently approved for a Tennessee sports betting license, and this is clearly the smallest operator that is set to launch. Gamewise will power the Betly Sportsbook when it goes live, but there are plenty of other companies behind this operation as well.
Betly.com is now available in West Virginia and Arkansas, and both of those launches just happened recently. It will take this site a few months before it goes live in Tennessee, and there should be plenty of improvements made by that time.
Betly does have a slight advantage in this state as Delaware North is the parent company and it already has a presence in the state.