Tennessee’s Crackdown on Offshore Sportsbooks: Fines, Enforcement, and a Market in Transition
In Nashville this summer, regulators signaled a shift in how U.S. states confront offshore sportsbooks that operate outside licensed markets but continue to court American bettors. The Tennessee Sports Wagering Council (SWC) announced it had levied $250,000 in fines against five offshore sportsbooks — including BetOnline, BetAnySports, Bookmaker, Everygame, and JazzSports — for accepting bets from Tennessee residents without authorization under state law. On the surface, half-a-million dollars in penalties … Read more