December 20, 2023

Tennessee Sports Betting Handle Surges to Record $517.1M in November

Tennessee’s sports betting market has achieved a remarkable milestone, with the sports betting handle reaching an impressive $517.1 million in November, as reported by the Tennessee Sports Wagering Advisory Council (SWAC). This figure not only represents a significant 16.16% increase from October but also marks a 17.68% rise year-over-year. This achievement is particularly notable as […]

New taxation policy on sports betting will be implemented in Tennessee

With the signing of Senate Bill 475 by Governor Bill Lee, Tennessee will implement a unique taxation system for sports betting operators. Instead of taxing gaming revenue, the law will tax the operators’ sports betting handle. This distinctive tax regime will go into effect on July 1, making Tennessee the sole state in the United […]