reporting record revenues<\/a>. According to the Council, monthly revenues reported by operators since September have ranged from $47 million in December to $31.8 million last month. The six-month span beginning in September has generated the six highest revenue marks since sports betting launched.<\/p>\n<\/div>\nBefore this current run, the high-water mark was $29.6 million in November 2021.<\/p>\n
Put another way, during the first 22 months of reports, the state recorded operator revenues totaling $395.2 million or an average of $18 million per month. Over the last six months, operators have won $238.7 million, an average of $39.8 million monthly.<\/p>\n
While the last six months cover the NFL and college football seasons, that\u2019s still a substantial increase. The period from September 2021 to February 2022 produced an average monthly revenue of $20.7 million.<\/p>\n","protected":false},"excerpt":{"rendered":"
If Tennessee lawmakers end up taking action on revising the state\u2019s sports betting tax, they will do so toward the end of this year\u2019s session. On Wednesday, the state House Finance, Ways, and Means Subcommittee moved House Bill 1362 behind the budget. That means the bill sponsored by state Rep. Andrew Farmer (R-Sevierville) has a […]<\/p>\n","protected":false},"author":45,"featured_media":265780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[61,1074],"tags":[80968,82443],"acf":[],"yoast_head":"\n
Tennessee Sports Betting Tax Reform Bill Put On Hold Until Budget Passes - Casino.org<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n