Tennessee bounces back in March as sports betting handle reaches $205.9m

| By Robert Fletcher
Players in Tennessee wagered $205.9m (£148.3m/€170.6m) in sports during March, the second-highest monthly total since the US state opened its regulated sports betting market in November last year.

The amount was 16.8% higher than $176.3m in February and just 2.6% shy of the $211.3m record set in January, according to figures published by the Tennessee Education Lottery.

Players won a total of $187.9m from sports betting in March, resulting in $16.1m in adjusted gross revenue for the month, up 23.9% from $13.0 in February.

The state was also able to collect $3.2m in tax from sports wagering during the month.

Read the full story on iGB North America.

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