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...
by Daniel Borjas | Nov 17, 2020 9:47 am | Revenue
Tennessee sports betting launched on November 1. On the first day, over $5 million was wagered in the state. Tennessee is the only state in the country that has online-only sports betting. NASHVILLE, Tenn. – Within just the first eight days of launching sports...
by Christina Monroe | Nov 10, 2020 3:13 pm | Sports Betting
Ohio still has a chance to make sports betting legal before the end of 2020. South Dakota, Maryland, and Louisiana have all voted in favor of legal sports wagering markets through the November 3 vote. Canada is seeking to legalize single-game sports betting on a...
by Christina Monroe | Nov 2, 2020 11:30 am | Sports Betting
Tennessee’s sports betting rules and regulations have a 10% hold requirement on all handle that is then taxed and given to the Tennessee Education Lottery (TEL). This hold could lead to less attractive odds and bets offered to sports bettors of the Volunteer State....
by Christina Monroe | Oct 19, 2020 11:47 am | Sports Betting
Tennessee could see an early rollout of mobile and online sportsbooks happening on October 30 for small windows of time until November 1 to fix any glitches before the official launch day. Three sports betting platforms will be opening to Tennesseans everywhere;...
