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The Tennessee legislature has passed a bill that imposes a new tax on sports betting. The tax will be known as the "handle tax" and is the first of its kind in the United States. The new tax is expected to generate significant revenue for the state.
Source:
Source:
Tennessee Legislature Passes Bill for The First Handle Tax in the U.S.
Tennessee announced changes in the sports betting market and passes the SB 475 Bill on Friday to change the state's mobile sports wagering tax system.
news.worldcasinodirectory.com