Fanatics Sportsbook Fined $50K, Zen Sports $60K For Tennessee Sports Wagering Violations

Fanatics Sportsbook Was Fined $50,000 In Tennessee For Allowing 8 People Who Were On An In-App Self-Exclusion List To Place Bets During That Exclusion. Zen Sports Received A $60,000 Fine For Not Maintaining A High Enough Balance In Its Reserve Account To Cover Outstanding Bets And Obligations.

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TN Legislature Could Change Sports Betting 10% Profit Requirement

Tennessee’s Sports Wagering Advisory Council Decided To Delay Punishments For Nine Operators That Didn’t Meet A 10% Profit Mark Last Year While It Approved Fanatics Sportsbook To Begin Operations At Its Wednesday Meeting.

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