Tennessee Collected $8.2M In Sports Wagering Taxes In October, Up From ’22
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.
Read more
Sports Betting
Tennessee Collects $1M Less In Sports Gambling Taxes Despite Increase In Bets
Image Credit: RawPixel / Public Domain The Center Square [By Jon Styf] – Tennessee collected $1 million less in taxes
Read more
Tennessee Collected $1.7M In Sports Gambling Taxes In May
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.
Read more
New Tennessee Gross Wager Gambling Tax Could Cost State Money
Tennessee’s New System For Taxing Sports Wagering Will Begin July 1.Had The New Tax Been In Place Since Wagering Began In November 2020, The State Would Have Collected $154 Million Compared To The $142 Million It Has Collected. But Those Numbers Have Changed In Recent Months.
Read more
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.
Read more
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.
Read more
Tennessee Earned $7.3M In Taxes On $410.8M In Sports Wagers In January
Tennessee’s Sportsbooks Collected $7.3 Million In Privilege Tax On $410.8 Million In Bets In January.
Read more
TN Legislature Could Change Sports Betting 10% Profit Requirement
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.
Read more
TN Collected $68M In Sports Wagering Taxes In 2022
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.
Read more
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.
Read more