The sale was recorded June 18, according to local records. The Cherokees acquired 122 acres for $7.65 mm, according to the report. The state General Assembly had bipartisan support for legalizing and regulating sports betting under the Tennessee Lottery Corporation.
Bill Lee, a Republican, let the legislation become law without his signature, citing an opposition to state-sanctioned gambling. There was no on-site sports betting legalization in the bill that will become effective July 1. This spring, Tennessee lawmakers advanced legislation to legalize online/mobile sports betting in the state. The Cherokee Tribe hasn’t said what it will do with the land. Tennessee isn’t home to any commercial or tribal casinos, or racinos. A brick-and-mortar sportsbook in Tennessee after all?Īccording to a report from the Knoxville News Sentinel, the North Carolina-based Eastern Band of Cherokee Indians has acquired land in Sevierville, Tenn., in a rumored play for a Las Vegas-style casino.