Tennessee is set to become the latest state to go live with sports betting on Nov. 1 with FanDuel, DraftKings and BetMGM conditionally approved for licenses. The Volunteer State will be the 19th with active legalized sports betting.
It will join a skyrocketing U.S. betting market as Colorado reported $128.6 million in wagers, up 117% from July’s figure. August was a big month for states across the board as New Jersey set an all-time U.S. record with $668 million in bets and Pennsylvania broke its own record with $365 million wagered.
All Bets Off:
- Barstool Sportsbook had a massive debut, generating more than $11 million in wagers on its record-breaking 63,000 downloads over the app’s first three days.
- PointsBet officially announced its partnership with the Indianapolis Colts. The betting operator also entered a deal with micro betting company SimpleBet.
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