Nuvei Wins Approval to Process Sports Betting Payments in Tennessee

Nuvei Corporation, the global payment technology partner of thriving brands, announced that its wholly owned subsidiary has received approval to support the sports betting industry in Tennessee.

The Sports Wagering Committee of the Tennessee Education Lottery Corporation has approved Nuvei’s registration as a vendor. The approval authorizes Nuvei to provide its innovative payment technology to all licensed and regulated sports betting operators across the State.

Tennessee legalized sports betting in 2019 and it launched on November 1, 2020. Sports wagering began after the State started licensing sportsbooks who applied for licensure. Wagering on sports is legal anywhere within Tennessee’s borders for customers over the age of 21.

Nuvei has previously received state approval for sports betting in Colorado, Indiana and West Virginia.