Tennessee sports betting handle increases year-over-year

The amount wagered is the fourth highest since the state launched its legal market.
The amount wagered is the fourth highest since the state launched its legal market.

The handle increased 17.4 per cent from January 2024.

US.- Tennessee’s sports betting handle was $549m in January, up 17.4 per cent year-over-year and down 4.1 per cent from December 2024’s $572.7m. It was the fourth-highest total since the state launched its legal market in November 2020.

According to figures released by the Tennessee Sports Wagering Council (SWC), adjustments of $5.3m, brought the final gross handle for the month to $543.6m. That’s an increase of 16.7 per cent from the same period in 2024 but a decrease of 4.6 per cent from December.

The state saw $10.0m in tax generated from sports betting in January. The SWC did not provide a breakdown of betting by operator or sport or information on operator revenues. The monthly record for gross sports wagers in the state is $598.6m, set in November 2024.

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