Tennessee § 4-51-312 - Persons ineligible to place a bet or wager.

§ 4-51-312. Persons ineligible to place a bet or wager.

The following persons or categories of persons shall not, directly or indirectly, wager or bet on a sporting event in this state: Any member, officer, or employee of the council, board, or corporation; With respect to a licensee, any principal owner, partner, member of the board of directors, officer, or supervisory employee; With respect to a vendor of a licensee, any principal owner, partner, member of the board of directors, officer, or supervisory employee; Any contractor, subcontractor, or consultant, or officer or employee of a contractor, subcontractor, or consultant, of a licensee, if the person is directly involved in the licensee's operation of sports wagering or the processing of sports wagering claims or payments through the licensee's online sports wagering platform; Any person subject to a contract with the board if the contract contains a provision prohibiting the person from participating in sports wagering; Any person with access to information that is known exclusively to a person who is prohibited from placing a wager in this state under this section; Any amateur or Olympic athlete if the wager is based on the sport or athletic event in which the athlete participates and that is overseen by the athlete's sports governing body; Any professional athlete if the wager is based on any sport or athletic event overseen by the athlete's sports governing body; Any owner or employee of a team, player, umpire or sports union personnel, or employee, referee, coach, or official of a sports governing body, if the wager is based on a sporting event overseen by the person's sports governing body; Any trustee or regent of a governing board of a public or private institution of higher education; Any member of an advisory board established under title 49, chapter 9, part 5; Any person prohibited by the rules of a governing body of a collegiate sports team, league, or association from participating in sports wagering activities; With respect to a student or an employee of a public or private institution of higher education, any person who has access to material non-public information concerning a student athlete or team, and the information is relevant to the outcome of a sporting event; provided, that the person is only prohibited from using the information to place a wager on a collegiate sporting event; and Any person having the ability to directly affect the outcome of a sporting event. The board may prescribe by rule additional categories of persons who are prohibited from placing a wager in this state. The corporation shall maintain a confidential registry of persons and categories of persons who are ineligible to place a wager in this state and shall provide the registry to each licensee in this state. The corporation shall provide each updated registry to the licensees as soon as practicable. Each licensee shall maintain the registry provided by the corporation confidentially. A violation of subsection (a) is: For a first offense, a Class C misdemeanor; For a second offense, a Class B misdemeanor; and For a third or subsequent offense, a Class A misdemeanor. As used in this section, “material non-public information” has the same meaning as defined in § 4-51-330(d). Acts 2019, ch. 507, § 1. Compiler's Notes. Acts 2019, ch. 507, § 7 provided that the act take effect July 1, 2019, the public welfare requiring it. The act was returned without the governor's signature and became effective under the provisions of Tenn. Const., art. III, § 18. Effective Dates. Acts 2019, ch. 507, July 1, 2019; provided that, for purposes of promulgating rules and carrying out any administrative duties necessary to effectuate the provisions and intent of this act, the act took effect on May 25, 2019. See Compiler’s Notes. Cross-References. Confidentiality of public records, § 10-7-504 . Penalties for Class A, B and C misdemeanors, § 40-35-111 .