Online Casino Laws and Regulations in Tennessee
Last updated: 19/02/2024
While gambling is increasingly common nationwide, Tennessee upholds strict gambling laws. Surprisingly, even a fishing tournament, where participants paid to compete for cash prizes, was deemed illegal under the state's regulations. However, Tennessee does permit betting on horse racing and runs an official state lottery. Nonprofits can seek approval to organize bingo or other fundraising games. Notably, the gambling laws specify that “futures or commodities trading” is considered a permissible activity.
What are the Penalties for Illegal Gambling in Tennessee?
Tennessee statute outlines two distinct charges related to illegal gambling: gambling itself and gambling promotion. Violating gambling laws could lead to a Class C misdemeanor, with fines ranging from $1 to $50. Organizing a poker tournament with the aim of profit falls under a Class B misdemeanor, carrying fines of up to $250.
Engaging in financing, owning, or overseeing a gambling operation constitutes a Class E felony, carrying a potential penalty of up to six years in prison and a fine of $10,000.