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Tennessee online sportsbooks hit record $211.3m wagers in January

15th March 2021 10:19 am GMT

Tennessee’s licensed online sports betting operators enjoyed a record month in January 2021 as total gross wagers reached $211.3m.

In the third full month of operations, the newly regulated online sports betting market saw wagers increase by 17 per cent compared to the previous month’s $180.9m total.

Payouts to players amounted to $190.4m in January, generating adjusted gross income for the state’s licensed operators of $21.8m and $4.3m in privilege taxes, an increase of 39 per cent [...]

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