Tennessee Sports Wagering Council Proposes Amended Sports Wagering Rules
December 4, 2024
Right before Thanksgiving, the Tennessee Sports Wagering Council issued proposed amended rules for sports wagering. The full notice and the proposed rules are available here. Note that the redlined version showing changes starts on page 41.
A public hearing regarding the new rules will be held on January 15, 2025 at 11am CST. Comments will need to be submitted prior the hearing.
The proposed updates touch on several areas including licensing standards, dispute resolution and minimum internal controls. Of note, the proposed updates include:
- New RG requirements related to self-exclusion and “cool off” periods
- Permitting collegiate “pre-game” proposition wagering. No “in-game” prop bets permitted
- Updated geolocation requirements
- Required use of Integrity Monitoring services
- Changes to reserve requirements; strengthening prohibition on underage access
- Broadening the advertising notification requirements to vendors (affiliate marketing)
- Requirement to share compensation information about “brand ambassadors” and “influencers”
- Notification of bettor limits
- Enhanced ID authentication