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Tennessee joins list of legal US sports betting states

28th May 2019 7:58 am GMT

Tennessee has become the fourth US state to legalise sports betting this year after Governor Bill Lee allowed recently approved legislation to pass into law without his signature.

The online-only sports betting bill was returned to the legislature Friday and will take effect on July 1st.

Prospective licensees will be subject to an initial application fee of $50,000 and a license fee of $750,000, alongside a privilege tax of 20 per cent of adjusted gross income.

Sports betting [...]

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