Rules & Regulations of the State of Tennessee Title 1350 - Tennessee Sports Wagering Advisory Council
Here’s a comprehensive summary of Tennessee Title 1350 – Sports Wagering Advisory Council, current through March 23, 2025 (regulations.justia.com):
📘 Title 1350 Overview
This Title establishes the rules and regulations for sports wagering operations in Tennessee, as overseen by the Sports Wagering Advisory Council (SWAC). It includes five distinct chapters:
Chapter 1350‑01 – Sports Gaming License Standards
Chapter 1350‑02 – Dispute Resolution
Chapter 1350‑03 – Minimum Internal Controls
Chapter 1350‑04 – Access to Public Records of the SWAC
Chapter 1350‑05 – Rules Related to the Fantasy Sports Act (law.cornell.edu, regulations.justia.com)
📋 Chapter 1350‑01: License Standards
Key sections (§.01–.14) cover:
.01–.02: Purpose, authority, applicability, and definitions (tn.gov, law.cornell.edu)
.03: General rules — operators must hold a license; wagers only via online/mobile platforms located within Tennessee; players must be 21+ and physically present in the state; strict integrity and indemnification requirements (regulations.justia.com)
.04–.06: Licensing, application, approval/denial processes
.07–.14: Ongoing compliance — financial bonding, cybersecurity and insurance requirements, auditing, geolocation, self-exclusion lists, betting account controls, house rules, internal controls, grounds for license revocation (law.cornell.edu, law.cornell.edu)
⚖️ Chapter 1350‑02: Dispute Resolution
Outlines procedures for handling disputes between bettors and operators or vendors (e.g., complaint filing, timelines, hearings). Details not included in my sources; refer to official SWAC PDFs.
🔐 Chapter 1350‑03: Minimum Internal Controls
Establishes internal control standards (MICS), including risk management, fraud monitoring, AML procedures, and integrity systems. Chapter referenced but details are contained in separate standards and enforcement documents.
📄 Chapter 1350‑04: Public Records Access
Sets rules on how SWAC responds to public records requests — timelines, exemptions, fees, and appeal rights (law.cornell.edu, casetext.com).
📊 Chapter 1350‑05: Fantasy Sports Act Rules
Regulations governing fantasy sports operators—licensing, eligibility, conduct, and compliance protocols. This chapter became effective December 14, 2023 (regulations.justia.com).
📝 Additional Highlights
Regulations were initially implemented via emergency rules starting January 2022 and finalized by June 20, 2022; significant updates and amendments followed through 2023 (law.cornell.edu).
SWAC enforces strong player protection measures: no credit funding for wagering accounts—only debit, bank transfers, approved cash methods or winnings permitted (tn.gov).
✅ Summary Table
Chapter
Focus Area
Key Takeaways
01
Licensing & Standards
Licensing criteria, player verification, wagering integrity, controls, revocation
02
Dispute Resolution
Processes for handling complaints and disputes
03
Internal Controls
Risk and compliance systems, AML, monitoring
04
Public Records
Guidelines for handling records requests
05
Fantasy Sports
Rules for fantasy sports operators, effective Dec 2023
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