{"id":256,"date":"2024-06-27T03:03:20","date_gmt":"2024-06-27T00:03:20","guid":{"rendered":"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/"},"modified":"2024-06-27T03:03:20","modified_gmt":"2024-06-27T00:03:20","slug":"tennessee-sports-betting-revenue-up-5-3-in-december","status":"publish","type":"post","link":"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/","title":{"rendered":"Tennessee Sports Betting Revenue Up 5.3% in December"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/kcVjHj4Rmzs\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The Tennessee Education Lottery (TEL) revealed sports betting statistics for December, the state&#8217;s second month of authorized gambling, revealing a 5.3% month-to-month increase in income.<\/p>\n<p>Tennessee sports betting activity surged to $180.9 million in December.<br \/>\nGamblers placed a total of $180.9 million (\u00a3131.8 million\/\u20ac149 million) on sporting events in December, a 37.7% jump from November, when the market launched on November 1.<\/p>\n<p>The state&#8217;s consumers won $167 million from sports betting, indicating that Tennessee&#8217;s four authorized operators &#8211; DraftKings, BetMGM, FanDuel and local brand Action 247 &#8211; generated $13.9 million in revenue, up from $13.2 million in November.<\/p>\n<p>After adjustments, the four operators paid a combined $3.1 million in taxes, based on the state&#8217;s current 20% gross revenue tax rate.<\/p>\n<p>Sports betting taxes are distributed among specific state agencies, with 80% going to the Education Lottery account and 15% to the Tennessee General Fund.<\/p>\n<p>Review the complete report on iGB North America.<\/p>\n<p>Sign up for the iGaming News Newsletter <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Tennessee Education Lottery (TEL) revealed sports betting statistics for December, the state&#8217;s second month of authorized gambling, revealing a 5.3% month-to-month increase in income. Tennessee sports betting activity surged to $180.9 million in December. Gamblers placed a total of $180.9 million (\u00a3131.8 million\/\u20ac149 million) on sporting events in December, a 37.7% jump from November, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tennessee Sports Betting Hits New High in December<\/title>\n<meta name=\"description\" content=\"Tennessee sports betting revenue soared in December, with gamblers placing over $180 million on sporting events, a significant increase from November.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Tennessee Sports Betting Revenue Up 5.3% in December\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Tennessee sports betting revenue soared in December, with gamblers placing over $180 million on sporting events, a significant increase from November.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Explore the Best Licensed Casino Games &amp; News Online\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T00:03:20+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/\",\"url\":\"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/\",\"name\":\"Tennessee Sports Betting Hits New High in December\",\"isPartOf\":{\"@id\":\"https:\/\/7bitnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-27T00:03:20+00:00\",\"dateModified\":\"2024-06-27T00:03:20+00:00\",\"author\":{\"@id\":\"https:\/\/7bitnodepositbonus.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Tennessee sports betting revenue soared in December, with gamblers placing over $180 million on sporting events, a significant increase from November.\",\"breadcrumb\":{\"@id\":\"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/7bitnodepositbonus.icu\/2024\/06\/27\/tennessee-sports-betting-revenue-up-5-3-in-december\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/7bitnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tennessee Sports Betting Revenue Up 5.3% in December\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/7bitnodepositbonus.icu\/#website\",\"url\":\"https:\/\/7bitnodepositbonus.icu\/\",\"name\":\"Explore the Best Licensed Casino Games &amp; News Online\",\"description\":\"Unleash your gambling potential with the help of our comprehensive casino news, detailed game reviews, and informative insights. 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