Tennessee Motion 24/7 has introduced it can stop operations, efficient instantly, thanking its customers for his or her loyalty.
The sportsbook, the one one formally licensed in Tennessee, has shared an replace on its website that no extra bets shall be accepted because it closes its doorways for good. Any wagers already positioned shall be honored.
As the one Tennessee-owned sportsbook, Tennessee Motion 24/7 famous that 90% of its funds invested had been from Tennesseans, thanking its customers and people throughout the state for his or her “confidence and assist.”
No motive has been given for the closure within the firm’s assertion. Again in 2021, Tennessee Motion 24/7 had its license indefinitely suspended for suspicious participant deposit exercise. Nevertheless, there’s no proof that this closure is expounded to license suspensions.
“We’re proud to have served our mates and neighbors as the one Tennessee-owned and operated licensed on-line sportsbook for the previous 5 years,” the corporate wrote in its assertion. “Thanks on your play. Thanks on your loyalty. Over 90 % of funds invested within the firm had been from Tennesseans. We’re endlessly grateful on your confidence and assist.”
— Motion 247 (@TNAction247) January 16, 2026
The corporate had at all times been based with Tennessee values at coronary heart, with Motion 24/7’s mission assertion studying: “Tennessee Motion 24/7 launched with the straightforward concept of making a world-class sports activities e-book for the folks of Tennessee and having a ton of enjoyable doing it. We’re not a mega-corporation from some far off land. We’re your neighbors.”
Playing in Tennessee
With the one Tennessee-licensed sportsbook now shut down, the state had cracked down on unlawful sportsbooks late in 2025, fining two unlicensed operations $50,000 a piece. Unlawful on-line sportsbooks didn’t fare any higher, with $250,000 in fines extracted in total from five unregistered offshore entities.
Simply final week, the state additionally took action against three prediction market giants – Kalshi, Polymarket, and Crypto.com – in one other push to deal with any perceived unlicensed playing. For some states, regulators see prediction markets as skirting the foundations on playing, with wagers accessible on conventional betting subjects like sports activities, in addition to different cultural or political bets.
Featured picture: Tennessee Motion 24/7
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