Tennessee Conservative
Tennessee Saw $467 Million In Gross Wagers And $8.6 Million In Privilege Tax Paid In January, Making It The Third Highest Amount Of Wagers The State Has Seen Since Betting Began In November 2020.
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Tennessee Collected $8.2 Million In Taxes On $445.2 Million Of Gross Wagers In October, An Increase In Both Categories From A Year Before.
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Image Credit: RawPixel / Public Domain The Center Square [By Jon Styf] – Tennessee collected $1 million less in taxes
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Tennessee Collected $7.1 Million In Privilege Taxes On Mobile Sports Betting In May, Which Is Nearly $2 Million More Than The State Would Have Collected Under A New Tax Structure Set To Begin On July 1.
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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 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’s Sportsbooks Collected $7.3 Million In Privilege Tax On $410.8 Million In Bets In January.
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Tennessee’s Sports Wagering Advisory Council Decided To Delay Punishments For Nine Operators That Didn’t Meet A 10% Profit Mark Last Year While It Approved Fanatics Sportsbook To Begin Operations At Its Wednesday Meeting.
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Tennessee Set Records For Both The Amount Wagered And The Taxes Collected By The State In Sports Wagering In November.
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Tennessee Collected $8.7 Million In Taxes On $336.9 Million In Sports Wagers In September, According To New Numbers From The State’s Sports Wagering Advisory Council.
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