The legislation would remove the 10% hold requirement, impose a tax on Tennessee sports wagering handle, which would be a first in the US, and eliminate the use of official league data.
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Groundbreaking Sports Wagering Law Amendments Making Way Through TN Legislature
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Legislation that would scrap requirements for sports betting sites in the Volunteer State to hang on to 10% of all the wagering dollars they handle and to use official league data for live wagering is making progress.
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