In January, Tennessee's betting handle dropped 5.6% from December, with spending down 9.6% compared to November's record. Gross wagers also fell by the same percentage.
January's gross wagers were up 13.8% from the previous year. The privilege tax for January was $8.6m, lower than November 2023.
Tennessee ranked seventh in sports betting tax revenue nationally, generating $16.1m in Q3 2023, around 3.1% of the total.
January's gross wagers were up 13.8% from the previous year. The privilege tax for January was $8.6m, lower than November 2023.
Tennessee ranked seventh in sports betting tax revenue nationally, generating $16.1m in Q3 2023, around 3.1% of the total.
