Members of the Tennessee Education Lottery (TEL) are still pursuing a case against Action 24/7, even though a Nashville judge last month restrained the regulatory agency from hurting the company’s revenue stream further. But TEL members are now maneuvering against the company in another way.Read More
The judge overseeing the case involving the Tennessee-based Action 24/7 has ruled that the Tennessee Education Lottery (TEL) must reinstate the company’s sports gaming operator license. Chancellor Patricia Moskal ruled that members of the TEL did not give Action 24/7 the proper due process and that continued suspension of the license threatens the businesses’ continued financial livelihood.Read More
Several members of the Tennessee Education Lottery (TEL) Corporation’s Board of Directors, while driving in their vehicles, decided to temporarily take away Action 24/7’s operating license.
Some board members were on spring break.
And TEL board members took this action while taking the word of an investigator who said the company didn’t follow through on the necessary security protocols.Read More
The judge overseeing the case involving the Tennessee-based Action 24/7 reportedly will work as quickly as she can to determine whether the Tennessee Education Lottery (TEL) should reinstate Action 24/7’s sports gaming operator license. This, because of the loss of revenue the company is experiencing during the National Collegiate Athletic Association’s “March Madness” basketball tournament, according to LegalSportsReport.comRead More
Officials with the Tennessee-based Action 24/7 on Monday filed a suit seeking a temporary injunction that would require members of the Tennessee Education Lottery to reinstate the company’s sports gaming operator license. TEL suspended Action 24/7’s license late last week due to an investigation.Read More
Sources say that someone with one of the sports betting industry’s most polished resumes resigned from her high-level position with the Tennessee Education Lottery late last week. That woman, Danielle Boyd, was the TEL’s vice president of Sports Gaming Operations. Boyd assumed that position in July 2020, according to her LinkedIn page.Read More