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Tennessee Sports Betting on the Rise Again in August

Summarized by: Live Sports Direct
 
Tennessee Sports Betting on the Rise Again in August

Tennessee Sports Betting on the Rise Again in August. Legal sports betting in the state amounted to approximately $205.9 million in wagering during August, up 12.6% compared to July. The handle for August 2021 was $144.5 million.

Tennessee sports books made $24.4 million in August. They paid out $178.7 million to winning bettors and another $2.8 million for adjustments. The state's 20% sports-betting tax on the books' revenue was $4.9 million. There are now 13 licensed sportsbooks in Tennessee.

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Tennessee Sports Wagering Advisory Council
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