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Tennessee sports betting industry approaching $2bn in online wagers December 3, 2024 The state of Tennessee is close to one year of legally offering sports betting, and as the date draws near, the handle is closing in on $2 billion. The Tennessee Education Lottery recently reported that $1.7 billion wagers have been placed, generating just under $29 million in taxes and over $156 million in revenues. Online-Only Industry Currently, Tennessee offers online wagering only. Because of this, it is helping the state to become the first to reach the $1 billion mark in bets within the US. In comparison, only eight states were able to reach the $100 million mark after six months in operation. New Jersey was the closest state to come to $1 billion, reaching just over $928 million. Read More > Read More
United Kingdom latest to close casinos amid coronavirus pandemic February 5, 2024 In the United Kingdom and Friday reportedly saw the government order every one of the nation’s casinos, betting shops and bingo halls to shut for a month in order to help stop the spread of a highly-contagious coronavirus strain that has so far killed 303 locals. According to a report from The Independent newspaper, the shuttering moreover included restaurants, museums, nightclubs, pubs, gyms, cinemas and leisure centers with compliance due to be monitored and enforced by the police working in partnership with Environmental Health and Trading Standards officia… Read More > Read More
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