Tennessean sports betting operators processed a total of $176.3m in bets during February, the lowest total for a full month since the US state opened its regulated market in November last year.
The February amount represented a 16.6% drop on the record $211.3m posted in January of this year, and was the lowest total since players wagered $131.4m in November 2020.
Figures released by the Tennessee Education Lottery also showed that as players won $163.3m from sports betting, this left $13.0m in adjusted gross revenue, the lowest monthly total since regulation.
The February total was 40.4% lower than in January, and while the Lottery did not publish adjusted gross revenue for previous months, estimations suggested this stood at $13.2m in November and $13.9m for December.
Operators paid a total of $2.6m in sports betting taxes during February.
Publication of the monthly figures comes after the Tennessee Education Lottery last week became the first authority in the US to suspend an ope..
