More Wagers, Less Taxes Collected In August For Tennessee Sports Wagers
Tennessee Saw More Wagers And Less Taxes Paid On Those Wagers In The Second Month Of Its New System For Taxing The State’s Sportsbooks.
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Tennessee Sports Wagering Council
Tennessee Releases July Gambling Numbers Without Revealing Sportsbooks’ Profit
Tennessee’s Sports Wagering Council Released The State’s July Numbers This Week, Showing The State Collected Nearly $4 Million In Privilege Taxes. But Those Numbers No Longer Include Any Information On How Much Money The State’s Sportsbooks Made.
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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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