Governor Elect No Fan of Sports Betting<\/strong><\/h2>\nEven if it\u2019s approved by the legislature, the bill would face the possibility of a veto by the state\u2019s new governor elect, Bill Lee, who said on his campaign trail last year that he did not want sports betting in Tennessee and that gambling was \u201cnot consistent with the values of this state.\u201d<\/p>\n
It\u2019s by no means a loss cause, however. Voters in Tennessee have in the past 16 years twice approved gambling expansion measures — once to establish a state lottery and once to authorize pari-mutuel horse race wagering.<\/p>\n
HB 0001 proposes an industry-friendly 10 percent tax on gaming revenue, with 40 percent of the revenues collected going to the state\u2019s general fund, 30 percent to Tennessee colleges of applied technologies and community colleges for equipment and capital projects, and 30 percent to local governments for education and infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"
The very first bill filed in the Tennessee General Assembly in preparation for the new session beginning Tuesday in Nashville proposes legalizing sports betting in cities and counties that vote for it in local referendums. HB 0001 — also known as the \u201cTennessee Sports Gaming Act\u201d — would establish a Tennessee gaming commission in a […]<\/p>\n","protected":false},"author":36,"featured_media":95615,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19,13,13592,1074],"tags":[],"acf":[],"yoast_head":"\n
Tennessee Bill Would Create County-by-County Sports Betting Referenda<\/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