Tennessee sportsbooks report $313.3m in wagers in February
The month´s handle was down 18.8 per cent from a record $386.1m in January and the lowest since September.
US.- Tennessee sportsbooks took $313.3m in wagers in February, up 77.7 per cent from $176.3m in February 2021, according to data released by the Tennessee Sports Wagering Advisory Council.
February’s handle was down 18.8 per cent from the record $386.1m in January and the lowest since September, when sportsbooks took in $257.3m in wagers. Operators reported $20.9m in gross revenue for February, up 61.1 per cent from the $13.3m in February 2021 but down 42.2 per cent from January´s $36.2m. Promotions whittled adjusted revenue down to $15.1m, which yielded $3m in tax revenue.
Bets placed on Super Bowl 2022 came to $23m, up from $15m last year.
Eric Ramsey, PlayUSA.com Network analyst, said: “Sportsbooks breathed a sigh of relief that baseball will still play a full schedule, ensuring the primary bet generator during the summer months will be in action. Operators can now look forward to the first truly normal sports year since 2019.”
