Tennessee Collects $6.4M In Sports Wagering Taxes In April
Tennessee Collected $6.4 Million In Taxes On $318.4 Million In Gross Sports Gambling Wagers In The State During April.
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Gambling
Tennessee Collected $8.8M In Taxes On $392.7M In Sports Wagers In March
Tennessee Collected $8.8 Million In Taxes On Sports Wagering In March On $392.7 Million In Wagers. The Tax Collections Were The Third Highest Since Online Sports Wagering Began In Tennessee In November 2020 And Coincided With The NCAA Basketball Tournament.
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Tennessee Senate Advances Plan For 2% Tax To Sportsbooks On All Wagers
A Bill That Will Change How Tennessee Taxes Sports Gambling Will Next Head To The Senate.
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Tennessee Sees $327M In February Sports Wagers
Tennessee Saw $327 Million In Sports Wagers In February And Received $6.4 Million In Privilege Tax During A Month Highlighted By The Super Bowl, One Of The Largest Sports Betting Events Of The Year.
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Tennessee Sportsbooks Have Another Record Month With $440.4M In December Bets
Tennessee Set Records Again For Sports Wagering In December With $440.4 Million In Bets Placed.
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Tennessee Council Approves Renewal Of Licenses For First 4 Online Sportsbook Operators
The Tennessee Sports Wagering Advisory Council Approved The Renewal Of The Licenses Of The State’s Four Initial Operators — FanDuel, BetMGM, DraftKings And Action 24/7 — At Its Monday Meeting.
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TN Closing In On $6B In Sports Wagers Since Opening Online Wagering In Nov.2020
If Trends Hold, By The End Of Next Month Tennessee Will Have Seen $6 Billion In Sports Wagers Since The State Opened Legal Online Sports Gambling In November 2020.
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TN Adjusts Online Sportsbook Accounting Requirements, Leading To Increase In Taxes Collected On Earnings
After Executive Director Mary Beth Thomas And The Tennessee Sports Wagering Council Took Over The Management Of Online Sports Betting In The State To Start 2022, Thomas Vowed To Review How Sportsbooks Were Reporting Their Earnings And Therefore Paying Taxes.
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TN Collected $4.9M Of Taxes On $206M In Online Sports Wagering In August
Tennessee Collected $4.9 Million In Sports Gambling Taxes In August, Up More Than $1 Million From July, According To Numbers Released By The State’s Sports Wagering Advisory Committee.
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Tennessee Received $3.7M In Taxes On $183M In Sports Wagering During July
Tennessee Collected $3.7 Million In Taxes On Sports Gambling In July, According To Numbers Released Last Week From The State’s Sports Wagering Advisory Committee.
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