Fanatics Fined $50K and Zen Sports Fined $60K for Tennessee Sports Wagering Violations

Fanatics Sportsbook

Fanatics Sportsbook was fined $50,000 in Tennessee for allowing eight people who were on an in-app self-exclusion list to place bets during that exclusion. Zen Sports received a $60,000 for not maintaining a high enough balance in its reserve account to cover outstanding bets and obligations.

The issue was self-reported by Fanatics and the Tennessee Sports Wagering Council agreed with the fine, which worked out to eight violations with a Level 2 fine of $6,250 apiece.

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