TBA Law Blog

Posted by: Amelia Ferrell Knisely on May 2, 2016

Gov. Bill Haslam has signed the Fantasy Sports Tax Act, which legalizes and regulates fantasy sports betting, The Times Free Press reports. The legislation (SB 2109) will create an exemption from state anti-gambling provisions. Attorney General Hebert Slatery issued a legal opinion in April declaring that fantasy sports were illegal gambling in Tennessee under existing law. Fantasy sports giants DraftKings and FanDuel hired a Nashville lobbying firm and former House Democratic Caucus Chairman Mike Turner to lobby for the legislation on their behalf.