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Tennessee Sports Betting Revenues in January Grow by 24.7% Year-on-Year

Sports betting handle falls short of December's all-time record

by - Tuesday, February 28th, 2023 2:23
Tennessee Titans

The latest revenue report from the Tennessee Sports Wagering Advisory Council shows that sportsbooks in the state accepted over $410.7 million in wagers throughout the month of January.

January’s figure marks a drop of 6.6% drop on December’s record-breaking $440 million. However, it also represented a year-on-year increase of 6.4%.

Tennessee Sports Betting Revenues in January Grow by 24.7% Year-on-Year Tennessee Sports Betting Revenues in January Grow by 24.7% Year-on-Year

With several new mobile sports betting launching towards the end of 2022, revenues and taxes increased allowing Tennessee sports betting to report a record-setting 2022.

Jenny Tang

An experienced iGaming commentator and analyst based in New York City - Jenny reports on regulation and gambling industry news and events.