Gambling Casinos Near Memphis Tn

In many ways, Tennessee is the state with the most Southern ethos in the US. It’s the home of country music, the birthplace of Elvis Presley, and home to its own style of barbecue. Fittingly, with regard to gambling, Tennessee embodies the ingrained conservatism of the region. Tennessee has no casinos of any sort inside its borders.

  1. Harrah's Casino In Memphis Tn
  2. Gambling Casinos Near Memphis Tennessee

One of the only legal options Tennesseans have for in-state gambling is the state lottery. Tennessee passed a referendum in November 2002 to legalize this kind of limited gambling. After roughly a year-and-a-half of organization, the first tickets went on sale Jan. 20, 2004. That first day yielded $10.4 million dollars in sales. Since its inception, the lottery has generated over $15.8 billion in sales. Of this, $4 billion has been funneled into the Tennessee educational system, and an additional $1 billion more has gone into commissions for lottery retailers, which serves as a reinvestment of funds into Tennessee’s economy.

Not any legal casinos. Casinos are not legal in Tennessee, but there are several casinos within just a few miles. There is one just across the Memphis-Arkansas bridge in West Memphis, AR,. Gold Strike Casino Resort is located approximately 29 miles from Memphis. Regarded as one of the best Casinos in Memphis area, Gold Strike Casino Resort is located at 1010 Casino Center Dr. Their phone number is (866) 215-6641.

DFS and sports betting in Tennessee

Another option for gambling is due to Tennessee’s legalization of daily fantasy sports betting in 2016. In doing so, Tennessee became only the third state to conclude that DFS is acceptable and exempt from its gambling laws. The legalization occurred over the objections of State Attorney General Herbert Slatery. This made it an unusual move, because state governments are rarely at odds with their own law enforcement officials. So, Tennesseans are able to access sites like FanDuel or DraftKings in peace.

A few years later, on May 24, 2019, Tennessee legalized sports betting, but with one big caveat. As Tennessee does not have any land-based casinos, the bill approves online sports betting only–and it’s the first state to have this kind of law. Whenever the first bets are ready to roll, bettors won’t be able to place them at any kind of land-based or retail sportsbook.

Gambling

Otherwise, pickings are pretty slim in the Volunteer State. There actually was a law on the books for almost 30 years that allowed horse racing venues to be built in the state. Unfortunately, the combination of financial trouble and legal hassles (despite the law, individual counties maintained a modicum of control over their own territories with regard to gambling) prevented any company from actually breaking ground on a track in Tennessee. The law itself was finally repealed in 2015.

Finally, a law to legalize casino gambling in Tennessee was proposed in February 2017 by State Rep.Larry Miller, a Democrat representing the Memphis area. It took less than a month for the bill to die in committee. So, at this time, no further legalization is likely in Tennessee.

Harrah's Casino In Memphis Tn

Near

Recent Tennessee legal gambling news

Gambling Casinos Near Memphis Tennessee

Montana Governor Signs Sports Betting Legislation, 3 More States Waiting

Tennessee, Iowa and Indiana are on the verge of legal sports wagering after recently passing online sports betting laws. Here's what their bills state. Read More