Tennessee Conservative
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 Brought In More Than $68 Million In Sports Betting Privilege Tax In 2022, A 67% Increase From The $40.7 Million Collected In 2021.
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Tennessee Set Records Again For Sports Wagering In December With $440.4 Million In Bets Placed.
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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 Saw A Record $405.3 Million In Sports Gambling Wagers In October, According To Numbers Released On Thursday Afternoon.
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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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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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