Wagr, Barstool Newest Additions To Tennessee Sports Wagering
The Tennessee Education Lottery has announced two new sportsbook operators have been approved for sports betting in Tennessee.
Barstool Sportsbook and social betting app Wagr were approved Tuesday.
Barstool Continues To Grow
Barstool Sportsbook is aggressively expanding and is expected to be live in 10 states by the end of the year, according to owners Penn National.
Penn National wants Barstool to be live in as many states as possible for NFL betting this fall.
Wagr A Newbie In Sports Betting Market
Wagr calls itself “a social, simple and inclusive betting experience built for fans. Challenge your friends, not the house.”
Players on the app can bet with friends or family and if they don’t have anyone to bet with, the app will match them with a gambler in their state.
The Tennessee Education Lottery announced in April it was considering sportsbooks who offered peer to peer wagering, but Wagr isn't that. It still sets the odds and players bet against the company.
Tennessee is one of the few states that only has online sports betting.
The TEL reported all mobile handle in July was $144.6 million, down from $174.5 million in June, or a 17.2% decrease.
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