Tennesseans Go All-In for Online Sports Betting

Tennesseans Go All-In for Online Sports Betting

TENNESSEE TITANS CHRISTMAS BOMBING Once again, it’s Downtown down to last game destruction Th e Titans’ fi asco at Lambeau Antioch man’s suicide means they must win Sunday bombing on Second Avenue to guarantee playoff spot. leaves scar on historic district. P28 P13 January 1-7, 2021 Vol. 47 | Issue 1 NASHVILLE EDITION www.TNLedger.com The power of information. LedgerDAVIDSON • WILLIAMSON • RUTHERFORD • CHEATHAM WILSON SUMNER• ROBERTSON • MAURY • DICKSON • MONTGOMERY FORMERLY WESTVIEW SINCE 1978 Tennesseans go all-in for online sports betting State’s bettors set fi rst-month U.S. record at Story by Tom Wood $131.4M, surpassing old mark by almost $100M begins on page 2 ern Express, Inc, REALTY CHECK Hampshire Insurance Company, Western Express, Inc, Def Atty(s): John W Barringer, 08/30/2010, 10C3341 October 8 - 14, 2010 Patricia McClarren vs Star Insurance Company, Westwood Church Of Christ, Law & GovernmentPltf(s): James T Collins, Def(s): Star Insurance Company, Westwood Church Of Christ, Def Suddenly, more PublicAtty(s): David John Deming, 08/30/2010, 10C3343 Pltf(s): James A Richard Dicaire vs Cbs Personnel Holdings Inc, Cbs Personnel Services LLC, Kilgore Group Inc Collectively Staffmark, Staffmark Investment LLC, Records Pltf Atty(s): n/a, Def(s): Cbs Personnel Holdings Inc, Cbs Personnel houses available 08/26/2010, 10C3303 Services LLC, Kilgore Group Inc Collectively Staffmark, Staffmark James T Collins vs Rogers Group Inc, Investment LLC, Def Atty(s): Stephen B Morton, 08/26/2010, Pltf Atty(s): n/a, Def(s): Rogers Group Inc, Def Atty(s): Heather E Hardt, 08/26/2010,inside 10C3308 & online James A Wells vs Jenco Construction Inc, Real estate inventory is Wells, Pltf Atty(s): n/a, Def(s): JencoTNLedger.com Construction Inc,Pltf(s): Def Atty(s):Judy R Lawson, Jennifer S White, 08/25/2010, 10C3282 Jessica Grimwood vs Intrepid USA Healthcare Services, fi nally increasing, perhaps RealtyPltf(s): JessicaCheck Grimwood, ....................................... Pltf Atty(s): n/a, Def(s): Intrepid USA 3 CommunityHealthcare Services, Calendar Def Atty(s): Clifford .......................... Wilson, 08/27/2010, 4 fueling another record year Judy R Lawson vs Nursing & Oneida, NewsmakersPltf Atty(s): David ..................................... Harold Dunaway, Def(s): Nursing & Oneida, Def 10 Public Records ............................... 5-8 for Midstate market. Jordan Sanders vs Dillons Welding Inc and Employers, P3 Public NoticesPltf(s): Jordan Sanders,and Pltf Atty(s): Donald D Zuccarello, Def(s): Foreclosures ........................... 9, 17-26 Marketplace .......................................27 Page 2 www.TNLedger.com JANUARY 1-7, 2021 Photograph provided Tennessee Action 24/7 sportsbook’s promotional event during the SEC Championship football game drew prospective gamblers to the DawgHouse Saloon at 1522 Demonbreun Street in Downtown Nashville. ‘VERDICT IS IN’ ON STATE’S ONLINE WAGER “Our first month of sports wagering in and compares favorably to the first ‘Phenomenal’ Tennessee comes at a unique time in the month of sports betting in states with world, let alone the sports world,” says similar populations, like Colorado and numbers add Rebecca Paul Hargrove, TEL president Indiana.” and CEO. “November’s figures include Tina Hodges, president of fledgling $2.3M in tax adjustments and indicate potential. It is Nashville-based sportsbook Tennessee only one month in an unpredictable and Action 24/7, says she isn’t surprised by revenue for state extraordinary year, making it difficult to the huge first-month numbers despite begin extrapolating out from this single setbacks caused by COVID-19. By Tom Wood month.” “In the last 30 days, our bet count is It was a win-win-win for the state, up over 320%, and our handle is up over The COVID-19 pandemic that operators and bettors alike, says Jessica 400%,” she adds. “Our numbers are just impacted every facet of life in Tennessee Welman, analyst for PlayTenn.com. phenomenal every weekend. The growth this year also slowed the debut of online “Talk about getting the market off on is tremendous. sports gambling across the state – but not the right foot,” she says. “Tennessee is “It was (a) much more difficult (launch) the enthusiasm of bettors. a market with enormous potential than we thought because of COVID-19. Even though its launch was delayed but untested, making it difficult to If not for COVID, the state probably until Nov. 1, Tennessee enjoyed the best predict how bettors would react to would have been up and running in the first month in U.S. betting history, two start. By topping the next-best debut by summer. So that slowed down the launch, Las Vegas-based websites that analyze and nearly $100 million, I’d say that verdict is it slowed down the licensing – all those track sports betting across the country now in and it is a good one.” sorts of things were delayed. But once we report. Matt Prevost, chief marketing officer got launched, then we had much better In late December, the Tennessee for BetMGM, says the state’s handle response than we thought. It’s just been Education Lottery, which licenses and (total wagers) and bettor engagement great.” regulates interactive sports gaming in the “exceeded our internal expectations by There were early signs of great state, reported that gross wagers from 50%. We were incredibly pleased with expectations when TEL announced that Nov. 1-30 exceeded $131.4 million. That the market reception to sports betting. $5 million was wagered on Day One and is nearly $100 million more than the $131million in handle in the first month $27.4 million through Nov. 8. previous high of $35.2 million reported makes Tennessee a meaningful market by Indiana in its September 2019 launch. GAMBLING >> PAGE 14 JANUARY 1-7, 2021 www.TNLedger.com Page 3 Another record year ahead? Change cities, stay put Supply suddenly chasing 2020 worksite demand as 2021 arrives changes might Th e market showed no signs of slowing as houses not fade away continued to close right up until Christmas Day Th e New Year is fi nally here. We’ve and then the cycle began been waiting for 2021 since Friday, again on the 28th. One March 13, 2020. Th at was the day that RICHARD COURTNEY of the more surprising it became apparent that a pandemic was REALTY developments was the going to be a big part of 2020. CHECK number of homes that Since then, we’ve felt that if we can just were listed last week and 3624 Westbrook Avenue ANGELA COPELAND hang on until January, things will go back the exorbitant listing to normal. 3624 Westbrook Avenue and penned several Ledger CAREER volume that hit the Multiple Listing service CORNER Although I hope this is the case, we this week. hits on her breakfast room table before selling the house to Josh Kear in 2007. Kear was have to prepare ourselves to move forward Inventory is pouring in and, if there are no The power of either way. It will take time to vaccinate hiccups in the days to come with the various beginning to taste success at that time and went on to write numerous songs after living information. everyone. In the meantime, many companies have already political maneuverings and wrangling going announced that remote work will continue through the on in Washington, next year should jump on in the home for fi ve years. Published weekly by Westview Newspaper, LLC fall. Th is is a huge bummer for some people, and a relief for another record-breaking path. Sillers’ hits included songs recorded by the group formerly known as the Dixie Chicks, others. From most accounts, interest rates will 222 Second Ave. N. Suite 101 Whatever your perception of this possible outcome, it’s remain low as the national economy is fragile Alan Jackson, Lee Ann Womack, Kenny Nashville, TN 37201 Wayne Shepherd and others, while Kear had (615) 254-5522 best to prepare for anything. And, whatever happens, your life and the country is more divided than ever. But FAX: (615) 254-5525 hits with the band formerly known as Lady and career must continue to move forward. that seems to benefi t Nashville, as the city is Monday-Friday 9 a.m.-5 p.m Antebellum, Lee Brice, Luke Bryan and others. By now, working from home has started to be routine for seen as safe haven from the wildness. Th at is most people. If possible, it may be time to look for ways to until the bomb exploded on Christmas Day His hits included “Before He Cheats,” “Need President & Chairman Peter Schutt put in a little extra eff ort. I, for one, might look to upgrade on Second Avenue. It might take some time to You Now,” “Blown Away” and many more. In 2007, Realtor Sher Powers had dedicated Publisher & CEO from the hoodie and sweats that have become my uniform. see the repercussions from that terrible tragedy. Eric Barnes It’s also the time to begin to think about your normal As the city rebuilds the physical structure, her business into developing a songwriter Associate Publisher clientele. She logged hours working with Amy & Executive Editor career goals. it appears the spirit of the city and its infi nite Lyle Graves Did you know that many of the educational conferences Kurland at the Bluebird Café, where she had [email protected] resolve, once again, remain in place. More you once attended in person are now online? And they are than the absence of personal income tax, the developed a passion and respect for the creative Planning Editor wonders that graced the stage each evening. Cindy Smith less expensive? honky-tonks, the professional sports teams or [email protected] Powers was elected the president of Th is opens options in terms of continuing education.

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