Tennessee collected $3.3 million in taxes from the $340 million in bets placed at Tennessee’s sportsbooks in December, according to Tennessee data acquired by PlayTenn.
December was the third-highest month for amount of bets placed since betting began in November 2020. In October, $375.3 million was wagered and $365.7 million was wagered in November.
More than $2.7 billion in bets were placed in Tennessee in 2021 with $39.3 million in taxes paid on $239.9 million in gross revenue.
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Gov. Bill Lee announced a new “TN Strong Mask Movement” Thursday with the goal of making face masks more “fun.”
According to a press release from the governor’s office, the Economic Recovery Group developed the new program along with more than 30 “flagship brands” across the state, including Amazon, Bridgestone, Bristol Motor Speedway, Graceland, Jack Daniel’s, several professional sports teams and universities, and many others.
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In a 1956 song “Money Honey,” Elvis Presley didn’t have enough cash to pay the rent, so he called his girlfriend for some “Money Honey.” Presley, during his singing career, was never known to call upon the government for money — although the people who run the late singer’s Graceland estate…
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