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sports betting has proven to be a significant source of tax revenue for many states thus far. now, each state can legalize sports betting, with its own rules and regulations. we've kept up to date on all things sports betting in the united states. needless to say, the ncaa and professional sports leagues pushed back at every chance against sports betting being legalized. they have taken the mobile sports betting route, with four operators available. sports betting was legalized in tennessee in may 2019, and sports betting is planned to launch in september 2020, with licenses for sportsbooks being issued in july 2020.virginia