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Tennessee Online Sports Betting Revenue and Handle by Month

Tennessee online sportsbooks produced $23.1M in gross gaming revenue in June 2023, up 81% from Jun 2022. Over the 12 months through Jun 2023, revenue totaled $416M on $3.97B in bets, a 10.5% hold, and the state collected $83.3M in tax.

The highest month on record here is Dec 2022 ($47.0M). Monthly figures run from Jan 2021 to Jun 2023 and come from the Tennessee Sports Wagering Council (SWC).

Monthly3-month averageState tax
$20.0M$40.0M$60.0M202120222023Dec 2022 $47.0M$30.3M$6.1M

Jan 2021–Jun 2023 · Source: Tennessee Sports Wagering Council (SWC) · Tennessee revenue

Handle (amount bet)

Monthly3-month average
$250M$500M$750M202120222023202420252026Oct 2025 $658M$429M
Tennessee online sportsbooks: monthly revenue

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Data

Tennessee online sportsbooks, monthly
MonthHandleRevenue (GGR)HoldState tax
Aug 2026$415M$7.6M
Jul 2026$413M$7.6M
Jun 2026$461M$8.4M
May 2026$446M$8.2M
Apr 2026$485M$8.9M
Mar 2026$563M$10.4M
Feb 2026$462M$8.5M
Jan 2026$538M$9.9M
Dec 2025$540M$9.9M
Nov 2025$648M$11.9M
Oct 2025$658M$12.1M
Sep 2025$565M$10.4M
Aug 2025$376M$6.9M
Jul 2025$305M$5.5M
Jun 2025$352M$6.5M
May 2025$441M$8.1M
Apr 2025$467M$8.6M
Mar 2025$552M$10.1M
Feb 2025$417M$7.6M
Jan 2025$549M$10.0M
Dec 2024$573M$10.5M
Nov 2024$599M$11.0M
Oct 2024$551M$10.1M
Sep 2024$525M$9.6M
Aug 2024$344M$6.3M
Jul 2024$274M$5.0M
Jun 2024$345M$6.3M
May 2024$382M$7.0M
Apr 2024$384M$7.0M
Mar 2024$474M$8.7M
Feb 2024$380M$7.0M
Jan 2024$467M$8.6M
Dec 2023$495M$9.1M
Nov 2023$517M$9.5M
Oct 2023$445M$8.2M
Sep 2023$420M$7.7M
Aug 2023$243M$4.5M
Jul 2023$215M$4.0M
Jun 2023$230M$23.1M10.0%$4.6M
May 2023$280M$35.7M12.8%$7.1M
Apr 2023$318M$32.2M10.1%$6.4M
Mar 2023$393M$43.7M11.1%$8.8M
Feb 2023$327M$31.8M9.7%$6.4M
Jan 2023$411M$36.3M8.8%$7.3M
Dec 2022$440M$47.0M10.7%$9.4M
Nov 2022$439M$45.2M10.3%$9.0M
Oct 2022$405M$34.8M8.6%$7.0M
Sep 2022$337M$43.6M12.9%$8.7M
Aug 2022$206M$24.4M11.8%$4.9M
Jul 2022$183M$18.3M10.0%$3.7M
Jun 2022$216M$12.8M5.9%$2.6M
May 2022$262M$23.8M9.1%$4.8M
Apr 2022$293M$23.2M7.9%$4.6M
Mar 2022$370M$22.8M6.1%$4.6M
Feb 2022$313M$15.1M4.8%$3.0M
Jan 2022$386M$29.1M7.5%$5.8M
Dec 2021$342M$16.5M4.8%$3.3M
Nov 2021$366M$29.6M8.1%$5.9M
Oct 2021$375M$17.2M4.6%$3.4M
Sep 2021$257M$16.6M6.5%$3.3M
Aug 2021$145M$10.1M7.0%$2.0M
Jul 2021$145M$13.4M9.3%$2.6M
Jun 2021$175M$16.1M9.2%$3.2M
May 2021$161M$13.7M8.5%$2.7M
Apr 2021$172M$14.4M8.4%$2.8M
Mar 2021$206M$16.1M7.8%$3.2M
Feb 2021$176M$13.0M7.4%$2.6M
Jan 2021$211M$21.8M10.3%$4.3M
Dec 2020$181M$3.1M
Nov 2020$131M$2.4M
Tennessee online sportsbooks, calendar-year totals
YearHandleRevenue (GGR)State tax
2026$3.78B (8 mo)$69.5M (8 mo)
2025$5.87B$108M
2024$5.30B$97.2M
2023$4.30B$203M (6 mo)$83.6M
2022$3.85B$340M$68.1M
2021$2.73B$199M$39.3M
2020$312M (2 mo)$5.4M (2 mo)

Years with missing months show partial totals, marked with the number of months reported.

Notes

GGR is the report's "Adjusted Gross Income" line, printed only until mid-2023. Tax paid is the privilege tax assessed (20% of adjusted gross income until mid-2023, then 1.85% of handle).

Sources

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