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Sports-wagering council tightens KYC and geolocation rules; committee advances revisions
Summary
The Tennessee Sports Wagering Council presented rule revisions tightening know-your-customer verification and geolocation standards, clarified advertising language for a national problem-gambling hotline and adjusted internal-controls and dispute-resolution rules; the committee advanced the package.
The Tennessee Sports Wagering Council presented a package of rule revisions and the joint Government Operations Committee gave the revisions a positive recommendation.
Deputy Director and General Counsel Stephanie Maxwell summarized the changes as reorganization, technological updates and stronger consumer-protection measures. Maxwell said the revisions include stricter standards for know-your-customer (KYC) verification to ensure account holders are who…
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