{"id":168795,"date":"2021-03-28T02:25:20","date_gmt":"2021-03-28T09:25:20","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=168795"},"modified":"2021-03-28T08:06:46","modified_gmt":"2021-03-28T15:06:46","slug":"order-temporarily-lifts-suspension-against-tennessee-action-24-7","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/","title":{"rendered":"Back in Action: Order Temporarily Lifts Suspension Against Tennessee Sportsbook"},"content":{"rendered":"

Action 24\/7, the Tennessee sportsbook, received an injunction Friday allowing it to resume operations. The sportsbook was suspended by that state\u2019s lottery earlier this month over concerns about the lack of controls in place to protect against credit card fraud and money laundering.<\/p>\n

\"Action
Tina Hodges, CEO of Action 24\/7, announced on Saturday that new and existing customers would receive a matching deposit bonus. That came a day after a Tennessee chancellor issued an injunction lifting the suspension placed on Action 24\/7 by Tennessee Lottery officials earlier this month. (Image: PRNewsfoto\/Action 24\/7))<\/figcaption><\/figure>\n

The sportsbook filed a lawsuit<\/a> this week claiming the Tennessee Education Lottery did not follow its procedures properly to temporarily shut down its operations. On Friday, Chancellor Patricia Head Moskal with the Chancery Court in Nashville-Davidson County ruled the company showed \u201cthe likelihood\u201d the lottery violated its rights.<\/p>\n

The decision to suspend Action 24\/7\u2019s license<\/a> came at the cusp of the NCAA Tournament, one of the most popular events for sports bettors in the US.<\/p>\n

The Nashville Post<\/em> reported that the sportsbook\u2019s lawyers argued that the suspension caused significant harm and will likely drive customers away from the business. Without an injunction, they claimed the business would not last for long.<\/p>\n

Action 24\/7 was one of four sports betting operators to launch in November, when the lottery first allowed wagering. However, analysis from gaming consultants Eilers & Krejcik showed BetMGM, DraftKings, and FanDuel \u2013 the other three to launch in November \u2013 commanded about 97 percent of the state\u2019s market during the first three months of operation.<\/p>\n

Since then, the lottery has approved additional operators, including TwinSpires, William Hill, and Wynn Sports.<\/p>\n

Action 24\/7 Offers Bonus to Keep Customers<\/h2>\n

Action 24\/7 released a statement Friday afternoon after the Chancery Court\u2019s ruling.<\/p>\n

We applaud the Court\u2019s decision and look forward to working with state officials to ensure public safety and trust in our regulatory system while maintaining an environment for businesses to thrive in Tennessee,\u201d it read.<\/p><\/blockquote>\n

Previously, the sportsbook decried the lottery\u2019s actions to suspend its operations as \u201cdraconian.\u201d<\/p>\n

By Saturday morning, sportsbook President Tina Hodges posted a video on Twitter offering new and existing customers a direct match on deposits of up to $800.<\/p>\n

\u201cWe were suspended eight days, and that\u2019s a hundred dollars for every day we were suspended,\u201d she said.<\/p>\n

Lottery officials did not immediately return a message for comment.<\/p>\n

Lottery Ties Action Contractor to Proxy Case<\/h2>\n

More than a week ago, Tennessee Lottery officials claimed Action 24\/7 did not act quickly enough to prevent the processing of fraudulent credit card transactions.<\/p>\n

\n

It was not the first alleged misstep for the fledgling operation. Lottery officials claimed the sportsbook allowed more than 40 accounts to be set up by out-of-state bettors, who then used an in-state proxy to place hundreds of bets. That proxy turned out to be a contractor working for Action 24\/7. That’s according to information\u00a0 Danny DiRienzo, an investigator for the lottery, gave board members during a special meeting on March 19.<\/p>\n<\/div>\n

Proxy betting is illegal, as it\u2019s considered to be a violation of the Wire Act.<\/a><\/p>\n

The sportsbook has also received criticism for its connection to a short-term lending company that Hodges oversees. The lottery in January allowed Advance Financial branches to take cash deposits for Action 24\/7 customers. Advance Financial offers loans at up to 279.5 percent interest.<\/p>\n

Legislation has been filed in the Tennessee General Assembly to prohibit those kinds of transactions at lending or check cashing facilities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Action 24\/7, the Tennessee sportsbook, received an injunction Friday allowing it to resume operations. The sportsbook was suspended by that state\u2019s lottery earlier this month over concerns about the lack of controls in place to protect against credit card fraud and money laundering. The sportsbook filed a lawsuit this week claiming the Tennessee Education Lottery […]<\/p>\n","protected":false},"author":45,"featured_media":168797,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[60,22988],"tags":[],"acf":[],"yoast_head":"\nOrder Temporarily Lifts Suspension Against Tennessee Action 24\/7<\/title>\n<meta name=\"description\" content=\"The Tennessee Lottery's decision to suspend Action 24\/7\u2019s sports betting license came at the cusp of the NCAA Tournament\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Order Temporarily Lifts Suspension Against Tennessee Action 24\/7\" \/>\n<meta property=\"og:description\" content=\"The Tennessee Lottery's decision to suspend Action 24\/7\u2019s sports betting license came at the cusp of the NCAA Tournament\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-28T09:25:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-03-28T15:06:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/Action_247.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"949\" \/>\n\t<meta property=\"og:image:height\" content=\"498\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Bittenbender\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Bittenbender\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/\",\"url\":\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/\",\"name\":\"Order Temporarily Lifts Suspension Against Tennessee Action 24\/7\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/Action_247.jpg\",\"datePublished\":\"2021-03-28T09:25:20+00:00\",\"dateModified\":\"2021-03-28T15:06:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/eb30e765d812fc9b38b333f8d13068b2\"},\"description\":\"The Tennessee Lottery's decision to suspend Action 24\/7\u2019s sports betting license came at the cusp of the NCAA Tournament\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/order-temporarily-lifts-suspension-against-tennessee-action-24-7\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/Action_247.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2021\/03\/Action_247.jpg\",\"width\":949,\"height\":498,\"caption\":\"Tina Hodges, CEO of Action 24\/7, announced on Saturday that new and existing customers would receive a matching deposit bonus. 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