As sports betting continues to gain popularity across the country, more bookies are opening up shop. Three new online sportsbooks in Tennessee will be starting soon. Becoming a bookie is a practical and lucrative venture, as one can see from sports betting industry reports. Year-on-year growth remains robust across the country, even globally.
In fact, Tennessee is the best model for the bookie pay per head industry. Among all the various betting markets in the US, Tennessee is unique as they only have online sports betting allowed. There are no brick-and-mortar sportsbooks in the state. Currently, there are 10 sportsbooks with licenses in the state, with three more joining soon.
Online Sportsbooks in Tennessee
BallyBet, SuperBook and Betly Sportsbook will be the latest online sportsbooks launching in Tennessee. All sportsbooks will launch at different dates, with one going live as early as the end of 2022, or even the start of 2023. Since its launch back in November 2020, Tennessee has had a successful campaign with mobile sports betting, with the state collecting a generous amount in taxes from sportsbook revenues.
The use of bookie software remains to be the most affordable and efficient mode to create an online sportsbook easily. And with Tennessee’s growing list of online sportsbooks, bettors across the state will not have more betting options available. Aside from the variety of odds, bettors can also choose the sportsbook they want to use based on the looks, usability, available lines, bonuses, and more.