Sports betting handle in Tennessee was $410.8m in January, which represented a 6 per cent year-on-year increase.
January’s margin was 10.1 per cent, 0.7 percentage points higher than the previous year, and gave a 14 per cent rise in gross win to $41.4m.
After permitted deductions, the adjusted gross win for the month was $36.4m and was 25 per cent higher than 2022.
The privilege tax collected in January amounted to $7.3m and took total tax since launch [...]