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 […]
Governor Andy Beshear of Kentucky has heralded the release of a comprehensive sports betting catalogue by the state’s Sports Wagering Advisory Council (SWAC). This list denotes the array of sports on which bets can be placed in Kentucky, aligning with the launch of regulated retail sports betting on September 7. Kentucky Horse Racing Commission‘s (KHRC) […]
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 […]