article thumbnail

How States Tax Sports Betting: A Comparative Analysis

Withum

Keep in mind that the tax rates differ for retail sports betting, but this article will focus on the key points for mobile and online sports wagering. Tennessee: This state has one of the lowest tax rates with 1.85%, and has a unique approach to taxation. Tennessee also requires a $50,000 annual license fee.

Sports 59
article thumbnail

Dollar General Introduces 'popshelf' Store Concept

PYMNTS

As an extension of its non-consumables strategic plan, Dollar General has unveiled its new popshelf retail store concept. The Clarksville and Hendersonville communities, which are near Nashville, Tennessee, are the anticipated homes of the first two popshelf locations.

Alabama 43
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How To Make Online Sports Gaming A Sure Bet For Payments, State Governments

PYMNTS

Against that backdrop, considering the speed at which states are accepting online sports betting (and the strength of the dollars flowing into the space), legalized gambling via mobile seems a sure wager. Several other states have online gambling legislation in the works. The Current State. The Technology Component.

Sports 43
article thumbnail

Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Not only do gift cards stand as the most popular holiday present, according to the National Retail Federation and other sources, but a Blackhawk Network survey found that “44 percent of consumers surveyed are interested in receiving a gift card to play the lottery, while 43 percent would be interested in giving a lottery gift card.”.

Ohio 41