Tennessee Sports and Regulation News

Where Does Tennessee Sports Betting Tax Go?

Where Does Tennessee Sports Betting Tax Go?

Volunteer State bettors can benefit by understanding how the state utilizes sports betting tax revenue. Tennessee law requires operators to pay a 20% privilege tax on annual revenue. So, where does this sports betting tax go? Tennessee’s 20% sports betting privilege tax Four sportsbooks are currently approved to operate in Tennessee – DraftKings, FanDuel, BetMGM […]
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