With no gambling legal, the state does not draw any revenues from the activity.
Online/offline revenue split
Total number of betting premises
Stake tax take
What type of licenses are available?
Just DFS currently
How many skins are permitted per license?
How do you apply for a license?
DFS licensing information available here: https://sos.tn.gov/products/fantasy-sports-application-form
What are the integrity fees?
What is the current tax rate?
6% on DFS revenues
Is there a self-exclusion register in the state?
Is sports betting regulated or unregulated?
There have been no moves by the legislature thus far, but the leading candidates for state governor are both favorable to the idea.
With no land-based casinos in state, a regulator will have to be established to oversee sports betting should the state proceed with it. Currently the Secretary of State oversees the DFS sector.
Is sports betting permitted online?
No, and at this stage it is unclear whether any proposed legislation will include an online element.
Is there any specific legislation for daily fantasy sports?
Yes, signed into law in 2016. It includes a $50,000 licensing fee and a six percent tax on revenues.
What legislation, if any, is currently pending?