Tennessee sets record with $439.5M in sports wagers in November

Thursday, December 15, 2022 2:48 PM
  • Jon Styf, The Center Square

Tennessee set records for both the amount wagered and the taxes collected by the state in sports wagering in November.

There was more than $9 million in taxes collected on $439.5 million wagered in the state in what has been consistently one of the strongest months of wagering in the state due to betting on college and NFL football.

Since online sports wagering opened in November 2020, the highest total of taxes collected was $8.7 million in September. October was the next highest at nearly $7.0 million.

In terms of wagers, the second-highest month was October, with $405.3 million wagered, and January 2022, with $386.1 million wagered.