BetMGM became part of Tennessee Sport Betting history on Monday when it scored the first ever gambling partnership with a Tennessee professional sports team in the NFL’s Titans.
BetMGM, FanDuel, and DraftKings were the three sports betting operators who were given a conditional license by the Tennessee Education Lottery Board’s Sports Wagering Committee last September 23. The three gambling companies are slated to launch their online betting platforms on November 1st, pending the approval from the Tennessee Education Lottery Company.
Gil Beverly, Titans Sr. Vice President, Chief Marketing and Revenue Officer, said in a press release:
“We are thrilled to bring BetMGM to the state of Tennessee. BetMGM will deliver new experiences and levels of engagement to our fans and we’re excited to welcome them in as an official partner.”
As official partner, BetMGM receive brand visibility across the Titans’ different digital platforms. The BetMGM logo will appear in crucial parts of the live game including field goal attempts and video board replays.
BetMGM will also be the sponsor of a forthcoming raffle which will benefit the Titans Foundation. The betting company will likewise become the exclusive naming rights partner of the Titans’ Saint Thomas Sports Park television studio and Titans’ content shown throughout Tennessee.
The joint venture between MGM Resorts International and GVC Holdings first launched its sportsbook in New Jersey in July 2018. Also known for its online casino and poker services, the BetMGM app is now available for download in seven U.S. states.
Online Tennessee Sports Betting
Although brick and mortar casinos are still prohibited in the state, online Tennessee sports betting became legal on July 1, 2019 and it became such without the signature of Gov. Bill Lee who at that time did not believe that legalizing sports betting would be of the state’s best interest.
Tennessee sports betting is regulated by the state lottery officials who approved the rules last April and started reviewing applications for operators last June. The Tennessee Lottery board continues to review applications for additional sports betting operators, vendors, and suppliers. There is no limit as to the number of licenses the board can issue but they must meet specific requirements.
The law allows sports betting in Tennessee only via the internet, mobile devices, and telecommunications platforms. Bettors must at least be 21 years of age and they must be physically present within the state borders when their bets are placed.