Tennessee lawmakers dragging feet on bills to separate high-interest lending shops from online sports betting Jill R. Dorson, Sports Handle · April 7, 2021 at 11:00 pm Changes to how sports betting will be regulated are coming in Tennessee, but maybe not as quickly as some stakeholders would like. A pair of bills that would prevent consumers from taking high-interest, high-risk loans and opening sports betting accounts in the same location were on committee agendas in both the Senate and House on Tuesday, but no action was yet taken. A second set of bills was approved and is moving forward in the House. HB 1267 would essentially strip the Tennessee Education Lottery’s board of directors of power over sports betting regulation and enforcement. It would hand those to responsibilities the nine-member Sports Wagering Advisory Council.