Effective July 1, 2023, things will be different for sports wagering licensees in Tennessee. Eliminated are the minimum hold requirement and the official league data mandate. There will also be a radical change in the way sports wagering companies are taxed: Taxes will be assessed at 1.85% of handle instead of the present 20% of GGR. Also gone is the word "Advisory" from the name of the Sports Wagering Advisory Council.