top draws in college football<\/a>.<\/p>\nTennessee is also home to major tourism draws. Nashville draws country music fans and others by the droves with its lively downtown. It generates quite a bit of convention and conference traffic, too. And to the east, there\u2019s the Great Smoky Mountains National Park, which attracts millions, and nearby Gatlinburg draws visitors from across the south and Midwest.<\/p>\n
Those reasons mean we\u2019ll likely see more than just the four operators Hargrove said have already applied launch in Tennessee at some point in the near future. Churchill Downs Inc. CEO Bill Carstanjen told stock analysts last month BetAmerica has the Volunteer State in its sights for next year.<\/p>\n
While there is no cap on the number of sports betting operators the Lottery can approve, there is a $750,000 annual license fee for the right to offer wagering. Licensed operators also will be taxed at 20 percent of their adjusted gross income.<\/p>\n","protected":false},"excerpt":{"rendered":"
Tennessee officials expect sports betting to begin in the state no later than Nov. 1. That was the information presented to members of the Tennessee Education Lottery Corp.\u2019s (TELC) Sports Wagering Advisory Council earlier this week. The state has already received four applications from operators that it deems to be complete, TELC President and CEO […]<\/p>\n","protected":false},"author":45,"featured_media":145758,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,13592,1074],"tags":[],"acf":[],"yoast_head":"\n
Tennessee Eyes No Later Than Nov. 1 To Kick Off Mobile Sports Betting -<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n