Gambling

Sports Betting in Tennessee Quickest to $1 Billion

Don’t look now, but sports betting in Tennessee has now collected more than $1 billion in wagers since the industry launched in November, even as wagers slowed down in April. Now with $1.1 billion in six months, the Volunteer State became the quickest legal sports jurisdiction to reach the $1 billion milestone in U.S. history, according to PlayTenn, which tracks the Tennessee gaming market. “With an online-only launch during the NFL season and at the beginning of a month, Tennessee kicked off its sports betting industry under nearly perfect circumstances,” said Nicole Russo, analyst for PlayTenn.com. “The circumstances gave the…

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