Industry News and Regulation

Now that sports betting is legal in TN, the state might be open to legalizing other forms of gambling, especially as surrounding states expand gambling options.

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 […] Read More
Posted on: October 31, 2020 | News | Alec Cunningham