Legal
March 21, 2023
Tennessee Seeks to Tax Betting Handle Instead of Revenue
After PASPA’s repeal in 2018, Tennessee legalized sports wagering in May 2019. Then, November 1, 2020, marked the launch of the legal online sports betting market in the state. Currently, sports betting operators are subject to a 20% tax on sports betting revenue. Moreover, to operate in the state, licensees are subject to meeting license […]
Sports
February 13, 2023
KeyStar Corp Seeks Licensing Approval for ZenSports in Tennessee
The ZenSports platform is a powerful solution that enables partners to roll out both a traditional sports betting platform along with a peer-to-peer betting market attached to it, adding diversity to the available options in legalized gambling markets. Customers are thus able to design their own wagers, set their own odds, and offer them to […]
Sports
December 20, 2022
Nashville Predators Pick BetMGM for Official Betting Partner
The leading sports betting and iGaming operator, BetMGM, announced a new partnership with the Nashville Predators, a professional ice hockey team from Nashville, Tennessee, competing in the National Hockey League (NHL). Nashville Predators Ink Deal with BetMGM The new multi-year partnership announced Monday designates BetMGM as an official sports betting partner of the NHL team. […]
Business
November 11, 2022
Tennessee Sportsbooks Set Record $405M Handle in October
Legal sportsbooks in Tennessee reported strong results last month, hitting $405.3 million in sports betting handle, a new record for the state. Tennessee Sportsbooks Collect Record Wagers in October Details released by the gambling regulator in the state, the Tennessee Sports Wagering Advisory Council (SWAC), reveal that the total sports betting wagers in October hit […]
Sports
October 19, 2022
Tennessee Sets New Sports Betting Ta Record in September
Tennessee had a good month in September. The state managed to clock in a total of $336.9 million in sports wagers, a good total betting handle all things considered, and the sixth-best the Volunteer State has had to date. The state’s tax revenue amounted to $8.7 million, the Sports Wagering Advisory Council reported. Tennessee Betting […]
Sports
September 19, 2022
Tennessee August Sports Betting Tax Revenue Sitting at $4.9M
More than US$5 billion has been wagered in sports bets in the state of Tennessee since the November 2020 launch, and this year’s August tax revenue paints a wonderful picture of the overall conditions of the industry in The Volunteer State. More than 30% Tax Revenue Increase The state of Tennessee is one of the […]
Sports
September 7, 2022
Hard Rock Sportsbook Launches Mobile App in Indiana and Tennessee
Hard Rock Sportsbook has gone right ahead and launched its mobile apps in Indiana and Tennessee, expanding the company’s reach in the vertical. This is part of the company’s grander expansion into the digital segment, which has been long on the mind of the tribal operator. Two More States Go Digital with Hard Rock Sportsbook […]
Sports
August 16, 2022
Tennessee Posts $182M in Total Handle in July
Tennessee entered the sports betting space in the United States fairly early with the state becoming the 10th US jurisdiction to authorize the vertical. On Monday, the Sports Wagering Advisory Council, which collates data from the industry, reported that the state accepted $182.8 million in bets across the month of July. Tennessee’s July Results Satisfactory […]
Industry
June 9, 2022
IGT and SuperBook Join Forces for Tennessee Market
The leading global gaming company, International Game Technology (IGT), announced that it has extended its collaboration with one of the largest US bookmakers, SuperBook Sports. The terms of the new collaboration see IGT’s PlaySports platform power the SuperBook Sports mobile betting app in Tennessee. IGT Extends Collaboration with SuperBook to Tennessee Thanks to the recent […]
Casino
June 6, 2022
Tennessee Woman Allegedly Steals PPP Loans to Gamble
A woman from Memphis, Tennessee is now in hot water with federal authorities after evidence surfaced that she had fraudulently obtained Paycheck Protection Plan loans and misused the money to fund her gambling habit. While this is not the first case of such gross mismanagement of federal funds, Kenyatta Danielle Hooper, 34, may expect to […]
