by Zachary Kelley | Apr 24, 2023 7:20 pm | Regulatory
Tennessee lawmakers have passed a new sports betting bill that requires Tennessee sportsbooks to be taxed on the handle rather than revenue. The tax model change will result in more tax revenue for the state under Senate Bill 475. NASHVILLE, Tenn. – Tennessee...
by Brett Crown | Apr 24, 2023 3:07 pm | Sports Betting
The over/under for the Los Angeles Lakers vs Memphis Grizzlies Game Four matchup is set at 221.5, which is the lowest of the series. Despite the lower total, the best bet for Game Four is on the Under with -110 odds based on the Lakers’ history against the Memphis...
by Jeremias Di Vico | Mar 31, 2023 5:32 pm | Legal
HB 3749 has passed its first subcommittee and now moves on to the Ways and Means Committee. The bill seeks to legalize online-only sports betting, something that Tennessee first accomplished a few years back. Estimates on potential tax revenue hover around $23...
by Jeremias Di Vico | Mar 21, 2023 7:06 pm | Sports Betting
Missouri and Georgia have seen legalization bills continue to gain traction, with the former appearing ready to make a final vote while the latter is scrambling to get a sports betting bill through in time. Tennessee is looking to add a tax on operators’ handle rather...
by Michael Molter | Oct 4, 2022 12:58 pm | Revenue
Sportsbooks posting the highest hold percentages are found in states without mobile sports betting. But, states with mobile-only sports betting aren’t seeing better bettors across the US industry. States with professional sports teams could play more of a factor...