Underdog seeks injunction over Tennessee event-contract exchange
Photo: CasinoBeats
Underdog has sued Tennessee in federal court after the state issued a cease-and-desist letter over the company’s event-contract exchange, asking a judge to block enforcement of state wagering laws against the platform. The case pits Underdog’s argument that federal oversight applies to its exchange against Tennessee’s position that its sports event contracts are wagers governed by state law. The filing, in the U.S. District Court for the Middle District of Tennessee, Nashville Division, seeks a declaratory judgment and permanent injunction.
Source: CasinoBeats
