Action 247 Shuts: Report Links Payday Loan Sportsbook to Top Tennessee PolPosted on: January 28, 2026, 04:28h. The probe focused on Action 247, a now-shuttered sportsbook tied to payday loan ownership. Both businesses were controlled by Michael and Tina Hodges, making Action 247 the only online sportsbook in the United States owned by individuals who also operated a payday loan company. That meant customers could walk into an Advance Financial location, borrow money, and immediately deposit that cash into an Action 247 betting account at the same counter. Once the lottery lost oversight of sports gambling, its active investigation into Action 247 was dropped.