{"id":277,"date":"2024-06-28T12:36:57","date_gmt":"2024-06-28T09:36:57","guid":{"rendered":"https:\/\/shazamcasinonodepositbonuscodes.icu\/2024\/06\/28\/tennessee-sports-betting-revenue-skyrockets-in-december\/"},"modified":"2024-06-28T12:36:57","modified_gmt":"2024-06-28T09:36:57","slug":"tennessee-sports-betting-revenue-skyrockets-in-december","status":"publish","type":"post","link":"https:\/\/shazamcasinonodepositbonuscodes.icu\/2024\/06\/28\/tennessee-sports-betting-revenue-skyrockets-in-december\/","title":{"rendered":"Tennessee Sports Betting Revenue Skyrockets in December"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/fB8KUEEGHiA\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The state of Tennessee witnessed a dramatic surge in sports betting income in December, reaching a staggering $180.9 million, as reported by the Tennessee Education Lottery. This marks the second month of legal wagering in the state and signifies a 5.3% jump from the preceding month.<\/p>\n<p>In December, bettors placed a total of $180.9 million on sporting events, reflecting a substantial 37.7% increase compared to the $131.4 million wagered in November when the state&#8217;s regulated betting market first launched. <\/p>\n<p>Tennessee residents claimed $167 million in winnings from sports betting, resulting in a $13.9 million profit for the four authorized operators \u2013 DraftKings, BetMGM, FanDuel, and Action 247 \u2013 an increase from the $13.2 million earned in November. <\/p>\n<p>Following adjustments, the four operators collectively paid $3.1 million in taxes, based on the state&#8217;s current 20% tax rate on gross revenue. <\/p>\n<p>Sports betting taxes are allocated among specific state entities, with 80% directed to the Education Lottery account and 15% to the Tennessee General Fund. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The state of Tennessee witnessed a dramatic surge in sports betting income in December, reaching&#8230;<\/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 Record High in December<\/title>\n<meta name=\"description\" content=\"Tennessee\" 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:\/\/shazamcasinonodepositbonuscodes.icu\/2024\/06\/28\/tennessee-sports-betting-revenue-skyrockets-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 Skyrockets in December\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Tennessee\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shazamcasinonodepositbonuscodes.icu\/2024\/06\/28\/tennessee-sports-betting-revenue-skyrockets-in-december\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Trusted Partner for Secure &amp; 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