As of November 1st, DraftKings has officially launched its online sportsbook in Tennessee. The company is giving new users $1,000 dollars match deposit (20% up to $1,000) when they sign up today!
Tennessee bettors 21 or older can sign up now to claim this exciting bonus as DraftKings Sportsbook celebrates its first day in Tennessee. New users will also have the chance to bet on the Titans vs Bengals game and Draftkings TN is offering a special promotion where bettors can double their money up to $50 dollars if they bet on the game and the Titans score a touchdown in the game.
Sports Betting In Tennessee
Tennessee’s path to legal, regulated sports betting has seen a number of twists and turns. The state formally legalized sports betting in May of 2019 when Governor Bill Lee allowed the law to pass without his signature. From there, the state legislature and the Tennessee Education Lottery Corporation have been ironing out the sports betting framework.
Absent any land-based casinos, Tennessee instead moved forward with a completely online sports betting model.
Finalizing The Framework for TN Sportbsooks
The past few weeks have brought a lot of movement in Tennessee, hinting at an imminent launch.
On Sept. 24, Tennessee granted its first three sports betting licenses: one to DraftKings TN, one to FanDuel, and one to BetMGM. In early October, Tennessee Action 24/7 became the fourth license-holder in the state.
Since then, it’s been a flurry of meetings and announcements as Tennessee readies itself for sports betting. Tennessee Education Lottery Corporation CEO Rebecca Paul Hargrove, in a recent press release, said “We are working diligently with all applicants as we establish and support a responsible and competitive sports wagering program in Tennessee.”
An Unprecedented Market
DraftKings Sportsbook looks set to be one of the first live Tennessee sports betting apps, and that launch will be an important sports betting milestone. Tennessee is the only state thus far to legalize sports betting in an online-only capacity. It’s a big shift compared to legislation in other states where online sportsbooks are tethered to land-based properties.
DraftKings and its competitors have plenty of online experience running online sportsbooks. Tennessee will prove a highly competitive market once sports betting launches in the state and online operators go live.
If you or someone you know has a gambling problem and wants help, call or text the Tennessee REDLINE: 1-800-889-9789. Please Gamble Responsibly. 21+