Tennessee sees $327M in February sports wagers

Thursday, March 16, 2023 4:20 PM
Photo: Shutterstock
  • Jon Styf , The Center Square

Tennessee saw $327 million in sports wagers in February and received $6.4 million in privilege tax during a month highlighted by the Super Bowl, one of the largest sports betting events of the year.

The overall monthly bet total, however, was the lowest it has been in Tennessee since August. Tennessee saw $410.8 million in January wagers and $440.4 million worth of wagers in December.

The American Gaming Association expects 68 million Americans to wager $15.5 billion on the NCAA men’s basketball tournament with 31 million expected to place an online bet and 21.5 million betting casually with friends.