(AsiaGameHub) – The gross handle for sports betting saw a 2 per cent increase compared to the previous year.
US.- The Tennessee Sports Wagering Council (SWC) has released its findings on the state’s sports betting performance for March. The gross handle reached $559.5 million, marking a 2 per cent rise from the same period last year and an increase from February’s $460 million.
The report indicates that gross wagers totaled $562.6 million, following $3 million in adjustments. The privilege tax collected amounted to $10.4 million. The council has not yet released a breakdown by individual operators or sports, nor has it provided operator revenue figures.
Earlier this year, Tennessee Attorney General Jonathan Skrmetti issued formal cease-and-desist letters to approximately forty online sweepstakes casinos operating within the state. His office stated that the promotional sweepstakes model functions as an illegal lottery, which is prohibited by the Tennessee Constitution.
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