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Tennessee Sweepstakes Casino Ban Joined by Prediction Market Manipulation Felony Law

By Luci Kelemen | 2026-05-27 03:30:39 | 4 months ago

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Tennessee Gov.

Bill Lee has signed two gambling-related bills on the final day of his decision window, banning online sweepstakes casinos and creating a new Class E felony for prediction market manipulation.

The dual signing makes Tennessee the seventh U.S.

state to outlaw sweepstakes casino operations and one of the first to criminalize the manipulation

keywords : iGaming|legal|Prediction markets|Tennessee TN|United States US

sentiment : NEGATIVE

category data : MARKET | REGULATION