Tennessee Action 24/7 has announced it will cease operations, effective immediately, thanking its users for their loyalty.
The sportsbook, the only one officially licensed in Tennessee, has shared an update on its website that no more bets will be accepted as it closes its doors for good. Any wagers already placed will be honored.
As the only Tennessee-owned sportsbook, Tennessee Action 24/7 noted that 90% of its funds invested were from Tennesseans, thanking its users and those across the state for their “confidence and support.”
No reason has been given for the closure in the company’s statement. Back in 2021, Tennessee Action 24/7 had its license indefinitely suspended for suspicious player deposit activity. However, there’s no evidence that this closure is related to license suspensions.
“We are proud to have served our friends and neighbors as the only Tennessee-owned and operated licensed online sportsbook for the past five years,” the company wrote in its statement. “Thank you for your play. Thank you for your loyalty. Over 90 percent of funds invested in the company were from Tennesseans. We are forever grateful for your confidence and support.”
pic.twitter.com/THAGoclzrC
— Action 247 (@TNAction247) January 16, 2026
The company had always been founded with Tennessee values at heart, with Action 24/7’s mission statement reading: “Tennessee Action 24/7 launched with the simple idea of creating a world-class sports book for the people of Tennessee and having a ton of fun doing it. We’re not a mega-corporation from some far off land. We’re your neighbors.”
Gambling in Tennessee
With the only Tennessee-licensed sportsbook now shut down, the state had cracked down on illegal sportsbooks late in 2025, fining two unlicensed operations $50,000 a piece. Illegal online sportsbooks didn’t fare any better, with $250,000 in fines extracted in total from five unregistered offshore entities.
Just last week, the state also took action against three prediction market giants – Kalshi, Polymarket, and Crypto.com – in another push to tackle any perceived unlicensed gambling. For some states, regulators see prediction markets as skirting the rules on gambling, with wagers available on traditional betting topics like sports, as well as other cultural or political bets.
Featured image: Tennessee Action 24/7
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