The Office of the Tennessee Attorney General has issued a warning to consumers ahead of Super Bowl LIX, cautioning against the use of unlicensed sportsbooks that can lead to financial and identity theft scams. Attorney General Skrmetti highlighted that illegal gambling sites often have a legitimate appearance but are primarily interested in acquiring consumers’ money and personal information. Once obtained, there is little the state can do to assist.
Illegal sportsbooks frequently operate offshore, making it challenging for Tennessee regulators to resolve disputes arising from these platforms. Many consumers have fallen victim to fraud and identity theft through these sites. Billy Orgel, Chairman of the Sports Wagering Council (SWC), emphasized the difficulty in eradicating illegal sportsbooks and bookies and urged collaboration among government entities.
Latest TN News
Tennessee bettors are advised to thoroughly verify their sportsbook of choice, ensuring that it holds a license to operate in Tennessee. The state, being the largest “online-only” sports betting market in the U.S., has a rigorous licensure process designed to protect consumers. Licensed sportsbooks are required to hold reserves for payouts, safeguard personal information, and restrict wagers to individuals over 21.
To identify illegal sportsbooks, consumers should watch for certain illegal activities in Tennessee: extending credit to users, accepting cryptocurrency for wagers, or offering casino games like slots or chance-based bets. Bettors can refer to the Sports Wagering Council’s website to confirm sportsbooks with active licenses in Tennessee.
Source: Read Original Release
Tennessee and States Settle NCAA Lawsuit
Tennessee, along with a bipartisan coalition of states, has reached a settlement with the NCAA to protect student-athletes’ rights, specifically regarding Name, Image, and Likeness (NIL) restrictions. This settlement prevents the NCAA from reinstating its NIL Recruiting Ban, ensuring ongoing protection and opportunities for student-athletes.