Latest Tennessee Sports Betting Handle and Taxes Information
The experts at BetTennessee.com have developed this guide to help you better understand the terms used when discussing Tennessee sports betting handle and taxes. The state releases those figures monthly.
Tennessee lawmakers passed a bill to legalize sports betting in April 2019, and the law officially took effect on July 1, 2019. The first sportsbooks opened in the state in November 2020. The Volunteer State was the first to legalize online wagering only and exclude brick-and-mortar establishments from setting up shop.
Currently, there are 13 operators, some with Tennessee sportsbook promos available, licensed to take wager in the state. The most recent was ZenSports, which was approved in May 2023.
Tennessee Sports Betting, December vs. November
| Total Handle | Privilege tax |
December | $569.849M | $10.516M |
November | $594.387M | $10.969M |
Change | Down 4.1% | Down 4.1% |
Note: Tennessee’s sports betting market is all mobile. The state no longer reports monthly revenue, only handle and taxes.
Tennessee Sports Betting Handle and Taxes: December 2024
The final month of the calendar year delivered dreary results for sports betting operators in the Volunteer State, with Tennessee sportsbooks reporting a 4.1% month-over-month drop in total handle and privilege taxes in December.
Overall, Tennessee’s sports betting handle finished off December at $569,849,216, which represented a 4.1% slump from where the same operators finished up November, when the state reported a total handle of $594,387,437.
As for the other financial line item that the Tennessee Sports Wagering Council reports each month, the amount of privilege taxes collected in December finished up at $10,516,365, also down 4.1% from November, when the Volunteer State collected $10,969,178 from sports betting operators.
As a reminder, Tennessee’s sports betting market is all mobile. The SWC does not report monthly revenue, only handle and taxes. Therefore, we cannot update the month-by-month table below that includes revenue.
Tennessee Mobile Sports Betting History
Tennessee Sports Betting Handle and Revenue FAQs
Tennessee no longer releases its revenue figures every month, instead, they share handle and tax info and the data is posted on the state’s Sports Wagering Council’s website (tn.gov/swac).
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The experts at BetTennessee.com who bring you the latest updates in Tennessee sports betting. We pull together decades of experience to give you analysis as well as comparisons of the best TN online gambling apps.