NASHVILLE, Tenn. (WTVF) — Bettors wagered tens of millions of {dollars} in Tennessee’s first month of authorized sports activities betting, in line with new numbers from the Tennessee Schooling Lottery.

The TEL, which oversees the state’s new sports activities betting business, stated $131 million was wagered in November, with sportsbooks paying out $118 million. These corporations paid $2.four million in taxes, with 80% of that, or $1.9 million, going to state education schemes.

“We’re far exceeding our expectations,” Motion 247 president Tina Hodges stated. The corporate is the one working sports activities guide headquartered in Tennessee. “For us, now we have been rising each single day, generally doubling registrations from the day earlier than. So our greenback bets are getting bigger, our registrations are getting bigger and each day we’re beating the day earlier than.”

Hodges stated these will increase have gotten a lift from the Titan’s success.

“Tennessee bettors are fired up concerning the titans,” she stated. “NFL Sundays are the most important betting days for us”

Now Hodges is anticipating these betting numbers to solely go up from right here.

“Individuals love sports activities they like to play video games of danger, they love playing so I believe that Tennessee we’re simply on the tip of the iceberg,” she stated.


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