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Tag: Hope Scholarship

Tennessee Sports Betting Grows While Lottery Is Flat

May 29, 2025May 29, 2025 The Center Square
Online Sports Betting

Tennessee has two funding sources for education, one of which is growing while the other is seeing a drop in revenues.

The growth of sports betting and the decline in Tennessee Lottery revenues became a hot topic of discussion for lawmakers during a special session of the General Assembly in January.

Read the full story

Tennessee Collected $7 Million in Taxes on $380 Million Sports Wagers in February

March 12, 2024March 11, 2024 Admin

Tennessee collected nearly $7 million in taxes on more than $380 million worth of sports wagers placed in the state in February.

That compares to nearly $6.4 million in taxes on $327 million in wagers in February 2023, which included one less day than February 2024, and $3 million in February 2022.

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