Winding Road Pointing Toward Governor’s Desk For Tennessee Sports Betting Bill

The twisting road toward legal Tennessee sports betting appears pointed toward the governor’s desk after a whirlwind day at the state legislature.

A heated floor debate ended with H 1 comfortable clearing the House, 58-37, at midday Wednesday. Within hours, its Senate companion bill, S 16, moved quickly through the chamber’s Finance Committee and into Calendar to schedule a floor vote.

With the legislature attempting wrap business this week, not much time remains for the Senate to pass the hotly debated Tennessee sports betting bill.

The measure would create online-only TN sports betting, with a $750,000 annual license fee and 20% revenue tax for operators. The bill also requires the use of official data from sports leagues to settle in-play wagers.

TN sports…

Read more at www.legalsportsreport.com/31633/tennessee-sports-betting-clears-house/