Tennessee sports betting handle rises year-over-year in May
The gross handle increased 1.2 per cent year-over-year but decreased from $480.8m in April.
US.- The Tennessee Sports Wagering Council (SWC) has reported that the state’s gross sports betting handle totalled $443m in May. That’s a rise of 1.2 per cent year-over-year but down from $480.8m in April.
Gross wagers amounted to $446.2m, a decrease from April’s $484.6m, after $3.2m worth of adjustments. Privilege tax totalled $8.2m. The council did not provide a breakdown by operator or sport, nor operator revenues.
In May, Tennessee Governor Bill Lee signed Senate Bill 2136 into law, banning online sweepstakes casinos in the state. Meanwhile, the Tennessee Education Lottery recently announced that its president and CEO Rebecca Paul will retire at the end of the year. She has served in the role since the lottery’s foundation 23 years ago.
