Tennessee bettors and sports wagering operators closed out 2022 with a flourish, again setting all-time monthly records for both handle and revenue in December, according to figures released by the state’s Sports Wagering Advisory Council late Thursday.
The all-mobile wagering handle of more than $440.4 million was about $1 million better than November’s short-lived standard of $439.5 million. It was also the third consecutive month Tennessee posted a record handle, having cleared $400 million for the first time in October with $405.3 million in accepted wagers.
December marked the second straight month that a new revenue high was recorded, with the state’s 11 mobile sportsbooks reporting close to $49.2 million in gross revenue. That was a 4.1% increase from November’s $47.2 million, with December’s 11.2% win rate nearly half a percentage point better than the previous month.