by Giovanni Shorter | May 26, 2021 2:41 pm | Revenue
Tennessee saw $172.4 million in sports betting activity in April. This is a 16.3% decrease month over month. WynnBet launched in Tennessee in April, making it a total of seven active sportsbooks in the state. NASHVILLE, Tenn. – Sports betting fans in Tennessee wagered...
by Giovanni Shorter | Mar 21, 2021 7:27 am | Sports Betting
Churchill Downs owned TwinSpires sportsbook officially launches in Tennessee. The mobile betting app is made available just in time for March Madness. TwinSpires is offering new sign-up bonuses and promotions for Tennessee players. NASHVILLE – Tennessee betting fans...
by Giovanni Shorter | Jan 28, 2021 1:06 pm | Revenue
Over $180.9 million was wagered on sports in Tennessee in December. Tennessee collected $3.1 million in tax revenue from sports betting. A total of $5.4 million in tax revenue has been collected in the first two months of the Tennessee sports betting market....
by Giovanni Shorter | Jan 8, 2021 11:16 am | Sports Betting
Tennessee lawmakers approve high-risk flex loans for lenders to coincide with the Action 24/7 sportsbook. This will act as a store for sports bettors to deposit gambling funds as well. The annual interest rates are up to 279.5%. NASHVILLE, Tenn. – In an interesting...
by Giovanni Shorter | Dec 28, 2020 10:41 am | Revenue
Over $131 million was wagered on sports in November, the launch month for sports betting in Tennessee. The state collected more than $2.3 million in tax revenue. The NFL season contributed to the bulk of wagers in Tennessee. NASHVILLE, Tenn. – In just the first month...
