Tennessee Code Title 67. Taxes and Licenses § 67-4-902

(1) “Adjusted revenues” means, for each fantasy sports contest, the amount equal to the total entry fees collected from all participants entering the fantasy sports contest less winnings paid to participants in the contest, multiplied by the resident percentage;

(2) “Commissioner” means the commissioner of revenue;

(3) “Entry fees” has the same meaning as defined in § 4-49-202;

(4) “Fantasy sports contest” has the same meaning as defined in § 4-49-202;

(5) “Fantasy sports operator” has the same meaning as defined in § 4-49-202;

(6) “Player” has the same meaning as defined in § 4-49-202;

(7) “Resident percentage” means, for each fantasy sports contest, the percentage, rounded to the nearest tenth of a percent (0.1%), of the total entry fees collected from Tennessee consumers divided by the total entry fees collected from all players, regardless of the players' location, of the fantasy sports contest; and

(8) “Tennessee consumer” has the same meaning as defined in § 4-49-202.