Tennessee sports activities betting data additional year-on-year beneficial properties

In April, Tennessee sports activities betting noticed a year-on-year rise that was virtually similar to the 20.6% recorded in March. Nonetheless, wagers collected in April had been properly down on the $473.6m collected in March, which enjoys a busy sports activities schedule.

With some $3.3m of revenue attributed as changes, general gross deal with was recorded as $380.9m. This in comparison with $472.0m in March, with no comparable determine launched in April 2023.

By way of privilege tax from sports activities betting, the state collected a complete of $7.0m. This was up 9.4% in comparison with final 12 months.

The Tennessee Sports activities Wagering Council doesn’t publish information relating to month-to-month income, nor any info on particular person operator performances.

Who’s energetic in Tennessee sports activities betting?

Whereas information on Tennessee sports activities betting is proscribed, the Volunteer State does function a few of the main names in US sports activities betting. BetMGM, FanDuel and DraftKings have all been energetic because the state opened its legal market in November 2020.

One of the vital latest additions is Fanatics Sportsbook, which went dwell in August final 12 months. ESPN Guess can be a relative newcomer, rolling out its model final November as a part of a wider launch across 17 states. 

Different manufacturers energetic within the state embrace Arduous Rock Guess, which launched in Tennessee in September 2022. As well as, Caesars Sportsbook runs sports activities betting through a multi-year partnership with Tennessee-based NBA team Memphis Grizzlies.