The Eastern Band of Cherokee Indians has reached an agreement to develop and operate a casino along the Tennessee-Virginia border.
Sports Wagering Advisory Council member Thomas H. Lee underscores concerns over the business plan, capped payout, and overall transparency ahead of the next Council meeting.
Hopes for a very promising, competitive market have fallen under a cloud of concern and uncertainty as TN sports betting rules and regulations advance.
A debate last week in western Kentucky featured a call for sports betting, thanks in part to legalization in neighboring Tennessee.
A historic sports betting partnership between MGM and Buffalo Wild Wings could be especially attractive for casino-less Tennessee.
The North Carolina-based Eastern Band of Cherokee Indians has acquired land in Tennessee ahead of a potential play for a casino.