Underdog Sues Tennessee Over Gaming Laws Targeting Prediction Market Business
Photo: GamblingNews
Sports betting and prediction market company Underdog has filed a complaint against the state of Tennessee , arguing that the state has overreached in how it treats prediction markets, subjecting them to state gaming laws, instead of recognizing federal preeminence in the matter. Underdog Won’t Back Down from Prediction Markets The complaint was filed with the US District Court for the Middle District of Tennessee in Nashville , The Tennessee Journal reported. The complaint goes after the state’s attorney general, Jonathan Skrmetti, and members of the regulator, the Tennessee Sports Wagering Council.
Source: GamblingNews
