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On July 1, 2019, the Tennessee sports betting Gaming Act entered into effect as Gov. Bill Lee consented to permit the costs to become law without his signature. Gov. Lee emphatically opposed gaming however comprehended that legal online sports wagering was in his state's best interest.

 

 

Review this timeline of Tennessee's sports gambling history for an overview of its milestones:

 

 

Dec. 12, 2024: Tennessee earns a record-breaking $591 million deal with in November, going beyond the state's previous high by $47 million.

 

 

Nov. 14, 2024: Tennessee sports bettors wager a record $551 million in October.

 

 

Oct. 25, 2024: Tennessee fines Bovada $50k (and counting), for accepting wagers without a license. The Sports Wagering Council (SWC) had actually formerly sent out cease-and-desist letters to the online sportsbook's Curacao address.

 

 

Oct. 18, 2024: Bally Bet formally goes reside in Tennessee, making it the 12th online operator in the state.

 

 

Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere joins a sports betting business as a dream expert after being suspended for sports gambling previously.

 

 

Sept. 12, 2024: Tennessee increases its sports betting handle and income in August thanks to the return of football.

 

 

July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after correctly picking the outcome of four 2024 T-Mobile Crowning achievement Derby matches.

 

 

July 22, 2024: SuperBook Sports takes out of 8 post-PASPA states, consisting of Tennessee.

 

 

July 12, 2024: Tennessee's SWAC releases June sports wagering numbers. With a $344.8 million manage, TN sportsbooks see a 49% boost in year-over-year action.

 

 

March 12, 2024: Tennessee's sports betting manage falls listed below $400 million in February - an 18.6% month-over-month decrease.

 

 

Feb. 24, 2024: Tennessee's sports wagering manage continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM reduction.

 

 

Jan. 25, 2024: PrizePicks includes a brand-new peer-to-peer video game in Tennessee and 3 other U.S. states - PrizePicks Arena.

 

 

Jan. 17, 2024: Tennessee's sports betting handle drops below $500 million in December, which is a 4.2% drop from November.

 

 

Nov. 14, 2023: ESPN BET goes cope with online and mobile sports betting, releasing in Tennessee and 16 other states.

 

 

Nov. 2, 2023: ESPN BET plans to introduce on Nov. 14, 2023, with online sports betting going reside in 17 U.S. states, consisting of Tennessee.

 

 

Aug. 11, 2023: WynnBET Tennessee reveals the closure of its online sports betting wagering operation as quickly as possible.

 

 

June 28, 2023: Tennessee will soon tax sportsbooks based upon their betting deal with instead of their profits.

 

 

June 13, 2023: ZenSports launches in Tennessee, making it the thirteenth mobile operator in the state.

 

 

May 18, 2023: Gov. Bill Lee authorizes modifications to Tennessee's sports betting tax guideline.

 

 

May 1, 2023: Fanatics Sportsbook launches its mobile app in Tennessee and Ohio.

 

 

April 27, 2023: Fanatics prepares to launch its sports betting app in Tennessee on Monday, May 1. Current Fanatics clients will receive a distinct code to access the app.

 

 

April 25, 2023: Yahoo obtains Wagr, a social peer-to-peer sportsbook app founded in Nashville, TN.

 

 

April 21, 2023: Your house approves HB 1362, a modified variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the very first state to tax sports wagering operators on their overall handle. A 1.85% tax on sports wagering deal with would change the existing 20% tax on gross income.

 

 

April 19, 2023: Tennessee sportsbooks take in $392.6 million in sports betting bets in March - a 20% bump from the state's February handle.

 

 

March 1, 2023: Fanatics receives its mobile sports wagering license in Tennessee. However, it has no specific launch date planned.

 

 

Feb. 24, 2023: Following a strong showing in December, Tennessee's sports wagering manage fell in January by nearly 7%.

 

 

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates that Tennessee missed out on out on about $11 million in tax profits in 2022 because several operators - including Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold guideline.

 

 

Feb. 13, 2023: ZenSports, recently obtained by KeyStar Corp, might end up being Tennessee's 14th legal betting website if its application is authorized.

 

 

Dec. 19, 2022: BetMGM is called an official sports wagering partner of the Nashville Predators. The multi-year partnership includes a BetMGM-branded restaurant and signs at Bridgestone Arena.

 

 

Dec. 15, 2022: November wagering equates to a new Tennessee sportsbook wagering record, as wagering sites handled $439.5 million in wagers.

 

 

Nov. 11, 2022: Tennessee sports betting wagering hits a record high in October, as the state records an all-time manage of $405.3 million.

 

 

Oct. 24, 2022: Tennessee's sports betting regulator authorizes license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

 

 

Oct. 18, 2022: Tennessee sports wagering in September saw a big increase compared to August, as online sportsbooks created more than $336.9 million in bets.

 

 

Sept. 6, 2022: Hard Rock Sportsbook launches in the state, ending up being TN's 11th active sportsbook.

 

 

Aug. 16, 2022: Tennessee becomes the third state to launch a Betly online sportsbook.

 

 

Aug. 3, 2022: Caesars Sportsbook becomes a main sports betting partner of the Memphis Grizzlies.

 

 

April 27, 2022: SuperBook launches sportsbook operations in Tennessee.

 

 

April 14, 2022: Wagr, a Tennessee-based sportsbook, ends up being the main sports betting partner of the MLS' Nashville FC.

 

 

March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) approves 3 brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 licensed sportsbooks.

 

 

Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports wagering handle for January.

 

 

Feb. 10, 2022: Fubo is approved as the 10th sportsbook for online betting in Tennessee. A launch date is not announced.

 

 

Jan. 24, 2022: Wagr ended up being the first peer-to-peer wagering platform to get a license in the U.S. and is the ninth lawfully licensed sportsbook operator in Tennessee.

 

 

Jan. 4, 2022: Record incomes produced by Tennessee-licensed sportsbooks continue, with near to $40 million in November.

 

 

Jan. 1, 2022: SWAC takes over the policy of sports betting wagering from the Tennessee Education .

 

 

Dec. 17, 2021: The sports betting Wagering Advisory Council (SWAC) will presume sports betting regulative duties in January following a handoff from TELC.

 

 

Nov. 17, 2021: Tennessee becomes the fifth-fastest state to surpass $2 billion in bets, registering $2.335 billion in sports betting deal with throughout the first 12 months.

 

 

October 2021: The Volunteer State tape-recorded its largest-ever monthly handle in September; Tennessee sits $40 million shy of hitting the $2 billion mark for 2021.

 

 

Oct. 21, 2021: Bally ends up being a sports betting partner of the Nashville Predators.

 

 

Sept. 8, 2021: Barstool Sportsbook launches in Tennessee.

 

 

September 2021: Barstool Sportsbook and Wagr, a social sports betting app, get sports betting operating licenses from the Tennessee Education Lottery.

 

 

August 2021: Caesars obtains William Hill, and consequently, the William Hill app is replaced by the Caesars Sportsbook app in Tennessee.

 

 

April 30, 2021: WynnBET launches online operations in Tennessee following its approval from the state's Education Lottery.

 

 

March 2021: William Hill sportsbook launches in Tennessee with its mobile app.

 

 

Nov. 1, 2020: The very first online Tennessee sportsbooks go live, starting the state's legal online sports betting industry.

 

 

September 2020: TELC approves its first three sportsbook operators: DraftKings, FanDuel, and BetMGM.

 

 

April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) authorizes settled guidelines, including a 10% hold required for all operators. All operators are subsequently allowed to start making an application for licenses.

 

 

Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee lawmakers. The council starts designing the first draft of Tennessee sports wagering regulations.

 

 

July 2019: The Tennessee sports betting Gaming Act officially becomes sports wagering law.

 

 

May 2019: Gov. Bill Lee permits the costs to become law without his signature. Despite being ethically opposed to betting in Tennessee, Lee believes legalizing sports betting remains in the state's benefit.

 

 

Nov. 2018: Rep. Rick Staples introduces a bipartisan bill to legalize Tennessee sports wagering.

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