Tennessee Conservative
A Record-Breaking Month Of Revenue For Sports Gambling Operators In Tennessee Led To $5.9 Million In Taxes In November, According To Data From The Tennessee Education Lottery And Sports Wagering Advisory Council Acquired By PlayTenn.
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Daily Tennessee Sports Gambling Numbers For August Matched Those Of July With Around $4.7 Million Bet Per Day, According To Numbers Released By The Tennessee Education Lottery.
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There Are No Casinos, Tribal Or Commercial In Tennessee. Bingo Games Are Also Prohibited. However, The State Does Have A Lottery As Well As Legalized Online Sports Betting. This Is How Much Tennesseans Spend On Gambling Each Year.
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On Friday, A Nashville Judge Ruled In Favor Of Action 24/7 Having Their Betting License Reinstated.
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Tennessee Collected More Than $4.3 Million In Sports Wagering Revenue In January, According To A Report From The Tennessee Education Lottery.
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While The American Gaming Association Predicts Betting Will Go Down Nearly 40% This Year Due To The Pandemic, Other Predictions State It May Increase By Up To 60% Thanks To The Legalization Of Online Betting.
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With More Than $180 Million Placed In Legal Sports Wagers In December, Tennessee Gains $3 Million In Tax Revenue.
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Tennessee Collected Roughly $2.4 Million In Sports-Wagering Tax Revenue During November – The Second Highest Sports-Betting Tax Rate In The Country.
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