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 | $536.157M | $9.919M |
November | $643.727M | $11.909M |
Change | Down 16.7% | Down 16.7% |
The final month of the year delivered anything but treats for Tennessee sports betting operators and regulators. The state had a 16.7% drop in wagering handle and privilege taxes in December compared to November, according to figures for both months (the state’s Sports Wagering Council reported both sets of figures on Jan. 9).
Overall, December’s sports betting gross handle in Tennessee was $536,157,003, down 16.7% from November ($643,727,480). The Volunteer State generated $9,918,905 worth of tax dollars in December, also a 16.7% decline from $11,908,958 in November.
As a reminder, Tennessee no longer reports monthly revenue, only handle and taxes. The sports betting market is all mobile in a state with no brick-and-mortar casinos.
For 2025, Tennessee sports betting generated $5,822,553,568 in total handle, a 10.6% from 2024, when it was $5,264,751,077. The market launched in late 2020 and handle has increased each year, setting a monthly record with $653,686,373 wagered in October 2025.
Tennessee Mobile Sports Betting History
Tennessee Sports Betting Handle and Revenue FAQs
Tennessee sports betting operators accepted about $5.265 billion in wagers in 2024. That represented a 22.8% increase from the $4.286 billion in wagers in 2023 at Tennessee sportsbook apps.
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).
Author
Christopher Boan writes for BetTennessee.com and has been covering sports and sports betting for more than seven years, with experience at ArizonaSports.com, the Tucson Weekly and the Green Valley News.