by Sam Profeta | Mar 30, 2021 2:27 pm | Revenue
Tennessee saw $176.3 million in bets placed in February. The decline in revenue came after the conclusion of the NFL season. NASHVILLE, Tenn.—Since Tennessee launched their sports betting industry back in November of 2020, they have not reported a decline in revenue...
by Hasan Nabulsi | Jan 31, 2021 10:20 am | Sports Betting
The Tennessee Education Lottery has approved William Hill and WynnBet to launch in Tennessee. Tennessee online sportsbooks have proven to be profitable, having secured over $180 million in total bets for the month of December. The Super Bowl is traditionally this...
by Robert Jones | Jan 25, 2021 12:41 pm | Regulatory
Rep. David Hawk has proposed the Tennessee sports betting bill TN HB 48 that would direct 80% of sports betting revenue to K-12 public schools. TN HB 48 was unanimously supported by the Hawkins County Board of Education which is the first sign of support from local...
by Christina Monroe | Nov 2, 2020 11:30 am | Sports Betting
Tennessee’s sports betting rules and regulations have a 10% hold requirement on all handle that is then taxed and given to the Tennessee Education Lottery (TEL). This hold could lead to less attractive odds and bets offered to sports bettors of the Volunteer State....
by Andy Faust | Apr 26, 2019 5:03 pm | Regulatory
House Bill 1 would legalize sports betting in TN. The bill was amended to exclude provisions for land-based betting. Legal Tennessee sports betting would be available online and via automated kiosks only. NASHVILLE, Tenn. – After a contentious debate focusing...
