Tennessee Sports Betting Has Reached A Historic Milestone With Record-Breaking Revenue And Tax Collections. The Volunteer State Exceeded Five Billion Dollars In Wagering For The First Time Through 12 Legal Sportsbooks. Sports Wagering Activity Jumped 18 Percent Over The Last Fiscal Year. Tax Collections Also Exceeded 100 Million Dollars For The First Time. 80 Percent Of Taxes Now Go To K-12 School Construction And Maintenance, While 15 Percent Goes To Local Municipalities For Projects And Emergency Services. The Record Fiscal Year Ended On June 30th.
