Tennessee’s Action 24/7 sportsbook is back up and running after its suspension by the Tennessee Education Lottery.
US.- The suspension placed on Tennessee sportsbook Action 24/7 by state regulators has been temporarily lifted by an injunction over the weekend, allowing the operator to resume its operations.
The Tennessee Education Lottery suspended Action 24/7 a few weeks ago after claims that deposits involving credit card fraud and money laundering were being made on the site.
However, chancellor Patricia Head Moskal has ordered a temporary injunction lifting the ban after Action 24/7 filed a lawsuit claiming that the Tennessee Education Lottery had not followed correct procedures when imposing the suspension.
Moskal wrote: “The Court finds, at this preliminary stage, that Action 24/7 has clearly shown the likelihood that its right are being violated and it will suffer immediate and irreparable injury pending a final judgment, or that the acts of TEL will tend to render a final judgment in this appeal ineffectual.”
Lawyers for Action 24/7 argued in court that the temporary suspension had substantially harmed its businesses at a crucial time just as the NCAA Tournament is beginning.
They said that since customers could not withdraw funds or place bets after the licence suspension, they moved to competing sites, possibly permanently.
Action 24/7 tries to win back customers
Once operations were reinstated, Action 24/7 posted a video on Twitter offering new and pre-existing customers a code to obtain a direct match on deposits up to $800 to try to entice customers back to the sportsbook.
It said in a statement: “We applaud the Court’s decision and look forward to working with state officials to ensure public safety and trust in our regulatory system while maintaining an environment for businesses to thrive in Tennessee.”