Delaware North to Shut Down Betly Sportsbook in Tennessee

Delaware North will close its Betly Sportsbook in Tennessee on December 29. The operator notified customers this week that wagering and withdrawals will remain accessible until the shutdown date, after which the Tennessee site will shut down.

The move comes as Delaware North shifts attention toward markets where it operates retail casinos and can more effectively support Betly’s online operations.

Betly launched in the Volunteer State in 2022 but failed to gain meaningful traction in a crowded field dominated by industry giants like FanDuel and DraftKings. Tennessee does not publish operator-level revenue data, but Betly is widely viewed as a smaller-scale competitor.

What Tennessee Players Should Know

Important information for Betly Tennessee users includes:

• Wagering ends December 29, when the platform shuts down.
• Users must withdraw all balances before that date; funds will not carry over.
• Arkansas requires a separate Betly account, as wallets and accounts do not transfer across states.
• Southland Casino Hotel in West Memphis remains the nearest Delaware North retail property, located about eight miles from downtown Memphis.

Betly Staying Open in Other Licensed States

Delaware North has emphasized that Betly will shut down only in Tennessee, with the platform remaining active in Arkansas, Ohio, and West Virginia. Betly also offers iGaming in the Mountain State.

Notably, Delaware North operates racinos or casinos in those states. Meanwhile, Tennessee only offers online sports betting, providing no opportunity for cross-promotion between retail and online options.

As part of the reasons to leave Tennessee, various reports highlight Delaware North’s focus on existing markets and the advantage of having a major property like Southland so close to Tennessee’s largest metro area.

The company is not ruling out the possibility of returning to Tennessee. It has also indicated to various news outlets that it’s exploring launching Betly in other states.

Delaware North operates gaming properties in Arizona, Florida, Illinois, New Hampshire, and New York. Florida operates under an exclusive tribal model with Hard Rock Bet, effectively closing the market to new operators, while New Hampshire uses a true single-operator system with DraftKings.

New York has one operator vacancy after Resorts World Bet shut down in June. Still, the high tax rate of 51% might deter smaller operators.

The company also partners with the Catawba Indian Nation on the Two Kings Casino project in Kings Mountain, North Carolina. The property operates a temporary casino featuring over 1,100 gaming machines, including electronic table games and 14 live table games. The developers expect the permanent $1 billion casino to open in 2027.

For now, Betly’s exit leaves Tennessee with one fewer sportsbook option. It remains to be seen whether Delaware North will revisit the market once its broader expansion strategy becomes clearer.