Offshore drilling companies in Tennessee face financial penalties to comply with their exit
In a continued effort to safeguard the integrity of its legal sports betting market, the Tennessee Sports Wagering Council (SWC) has fined five offshore sportsbooks a total of $250,000 for operating illegally in the state.
The sportsbooks — BetAnySports, Bookmaker, JazzSports, BetOnline, and Everygame — each received a $50,000 penalty for violating the Tennessee Sports Gaming Act by accepting unauthorized wagers. This enforcement action builds on prior efforts by the SWC, which has now issued more than $600,000 in total fines against illegal operators.
The SWC's Executive Director, Mary Beth Thomas, emphasized the risks posed by illegal operators, warning that consumers who wager with these platforms expose their personal information to criminals. The SWC is also targeting Tennessee-based affiliates and partners to avoid civil and criminal liability.
The fined sportsbooks, including BetOnline, disregarded a cease-and-desist letter sent by the SWC in May.
Regarding sweepstakes platforms, although specifics were not detailed in these recent enforcement reports, the SWC’s efforts fit into a wider national trend of regulators cracking down on offshore and illicit gaming operations to protect consumers and maintain regulatory order.
Michael Savio, a writer based in Denver, covers the sports betting industry for Casino.com. For over four years, Savio has focused on providing accurate and easy-to-understand information for readers. In his free time, Savio bets on sports and explores Colorado.
These regulatory actions strongly indicate Tennessee's commitment to eliminating unlicensed offshore gaming and protecting the integrity of its legal sports betting market. The SWC collaborates with law enforcement to remove "bad actors" and reinforce the integrity of the state's regulated gambling ecosystem.
- The Tennessee Sports Wagering Council (SWC) is not only fining sportsbooks for illegal operations, but also targeting affiliates and partners to ensure compliance with the Tennessee Sports Gaming Act, thus safeguarding the sports betting market from illicit activities and maintaining regulatory order.
- While the recent enforcement actions primarily focus on offshore sportsbooks, the SWC's efforts also extend to sweepstakes platforms, signifying a national trend of regulators aimed at protecting consumers and preserving the integrity of legal sports betting and gambling markets.
