Gross sports betting handle in Tennessee, US, climbed by 26.8 per cent year-on-year in July.

Wagers without adjustments in the state totalled US$273.9m in July, the figure dropping by $2.4m with adjustments to $271.5m.

That figure was an increase from July 2023’s $214.1m.

However, gross handle dropped by 20.6 per cent compared with June 2024, down from $342.2m.

Subsequent tax revenue from sports betting in Tennessee totalled $5m in July, up 26.8 per cent year-on-year from $4m but down 20.6 per cent from June 2023’s $6.3m.

Read more: Tennessee sports betting handle climbs 50% in June