Location: Tennessee
Tennessee passes nation’s first sports betting handle tax, removes mandatory hold
Changes are likely coming to Tennessee’s sports betting market. State legislators…passed SB 475 on Friday. The bill changes the... more
Tennessee collected $8.8M in taxes on $392.7M in wagers in March
Tennessee collected $8.8 million in taxes on sports wagering in March on $392.7 million in wagers. The tax collections were the third... more
Tennessee could soon drop 10% sports betting hold and data requirements
Legislation that would scrap requirements for sports betting sites in the Volunteer State to hang on to 10% of all the wagering dollars... more
Tennessee sports betting legislation would tax handle instead of revenue
The TN sports betting market started off with the unique and confusing twist of requiring operators to hold 10% of revenue every month.... more
Tennessee sees $327M in February sports wagers
Tennessee saw $327 million in sports wagers in February and received $6.4 million in privilege tax during a month highlighted by the Super... more
Tennessee rings out 2022 with monthly sports wagering records and $49M revenue
Tennessee bettors and sports wagering operators closed out 2022 with a flourish, again setting all-time monthly records for both handle and... more
BetMGM strikes partnership with the NHL’s Nashville Predators
The impact of legal sports betting continues to grow, as leading sportsbook BetMGM announced on Monday that it has entered into an official... more
Tennessee sets record with $439.5M in sports wagers in November
Tennessee set records for both the amount wagered and the taxes collected by the state in sports wagering in November. There was more than... more
Two prominent Nashville sports bettors don’t rely on luck to hit it big
When it comes to making big money on sports betting, there are two guys from Nashville that do not rely on luck because their game is more... more
Tennessee sees record $405 million in sports gambling wagers in October
Tennessee saw a record $405.3 million in sports gambling wagers in October, according to numbers released on Thursday afternoon. The... more
