Action 24/7 closes Tennessee sportsbook and stops taking wagers
Action 24/7 said it had closed its Tennessee online sportsbook and would stop accepting wagers immediately, while honouring bets already placed. Its exit leaves ten licensed online sports betting operators in the state; founder and president Tina Hodges said the company viewed the market as unviable and unprofitable for operators.
The closure reduces Tennessee’s licensed online sportsbook count to ten and requires customers with existing bets to rely on the company’s assurance.