Friday was the three-year anniversary of the Supreme Court decision that paved the way for each state to decide whether to legalize sports betting.
DraftKings, one of the half-dozen online operators in Tennessee, gave all of its registered players in the state a free $5.14 bet to honor the May 14 anniversary.
For Tennessee, where sports wagering went online last November, the windfall may surprise you.
The Tennessee Lottery, which manages its online partners, announced earlier this week that $172 million was bet on sports in Tennessee in April.
Through the first six months, the state has collected more than $18.5 million in taxes from sports wagering, including right at $2.8 million last month. Five percent of the state’s take – or more than $900,000 to date – funds treatment programs for those with gambling addictions.
