Regulation

Tennessee greenlights online and mobile betting

Licenses to cost $750k and operators will have to pay a 20% privilege tax to fund local causes

The Tennessee State House has given online and mobile betting within the state the go ahead, with licences to cost $750,000. The original bill permitted the establishment of retail sportsbooks but was amended to legalize online betting in the state instead. State lottery monopoly, Tennessee Lottery Corp, will establish a commission to oversee licensing and…

Regulation | Regulation | Sports betting | Tennessee

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