At its March meeting, the Tennessee Sports Wagering Advisory Council deferred action with respect to two issues: compliance with the 10% hold mandate and required use of official league data by sports wagering operators. Both are mandated under state statute. Council members followed the recommendation of staff to stay action on requests to use more cost-effective alternatives to official league data and proposed disciplinary action against operators failing to meet the 10% hold requirement in order to permit state lawmakers an opportunity to consider changes to the law.
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TN SWAC punts issues of official league data and hold mandate to TN Legislature
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Tennesse regulators met Wednesday to discuss a series of action items, including measures impacting the use of official league data and the much-maligned 10% hold mandate for operators in the state.
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