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On July 1, 2019, the Tennessee Sports Gaming Act came into effect as Gov. Bill Lee consented to enable the costs to end up being law without his signature. Gov. Lee vehemently opposed gambling but understood that legal online sports betting remained in his state’s benefit.

Review this timeline of Tennessee’s sports betting history for a summary of its milestones:

Dec. 12, 2024: Tennessee earns a record-breaking $591 million manage in November, exceeding 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 previously sent cease-and-desist letters to the online sportsbook’s Curacao address.

Oct. 18, 2024: Bally Bet officially goes reside in Tennessee, making it the 12th online operator in the state.
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Sept. 19, 2024: Tennessee Titans’ Nicholas Petit-Frere joins a sports betting company as a fantasy specialist after being suspended for sports betting formerly.

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

July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after correctly selecting the outcome of 4 2024 T-Mobile Home Run Derby matchups.
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July 22, 2024: SuperBook Sports takes out of eight post-PASPA states, including Tennessee.

July 12, 2024: Tennessee’s SWAC releases June sports betting numbers. With a $344.8 million handle, TN sportsbooks see a 49% increase in year-over-year action.

March 12, 2024: Tennessee’s deal with falls below $400 million in February - an 18.6% month-over-month decline.

Feb. 24, 2024: Tennessee’s sports wagering handle continues to fall in January, bringing in $467.4 million in wagers, which is a 5.5% MoM decline.

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

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

Nov. 14, 2023: ESPN BET goes deal 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 wagering going live in 17 U.S. states, consisting of Tennessee.

Aug. 11, 2023: WynnBET Tennessee announces the closure of its online sports betting operation as soon as possible.
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June 28, 2023: Tennessee will quickly tax sportsbooks based on their wagering manage rather 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 wagering tax guideline.

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

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

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

April 21, 2023: Your home authorizes HB 1362, a modified variation of the Senate’s SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the first state to tax sports wagering operators on their total handle. A 1.85% tax on sports wagering handle would change the present 20% tax on gross revenue.

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

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

Feb. 24, 2023: Following a strong showing in December, Tennessee’s sports betting handle fell in January by nearly 7%.

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates that Tennessee lost out on about $11 million in tax profits in 2022 because multiple operators - including Caesars, DraftKings, and BetMGM - failed to hit the state’s 10% hold rule.

Feb. 13, 2023: ZenSports, just recently acquired by KeyStar Corp, could end up being Tennessee’s 14th legal betting website if its application is authorized.

Dec. 19, 2022: BetMGM is called a main sports betting partner of the Nashville Predators. The multi-year partnership includes a BetMGM-branded dining establishment and signage at Bridgestone Arena.

Dec. 15, 2022: November wagering equates to a brand-new Tennessee sportsbook wagering record, as wagering websites dealt with $439.5 million in wagers.

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

Oct. 24, 2022: Tennessee’s sports wagering regulator approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

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

Sept. 6, 2022: Acid rock Sportsbook introduces in the state, becoming TN’s 11th active sportsbook.

Aug. 16, 2022: Tennessee ends up being the 3rd state to launch a Betly online sportsbook.

Aug. 3, 2022: Caesars Sportsbook ends up being an official sports betting partner of the Memphis Grizzlies.

April 27, 2022: SuperBook introduces 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 three new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 certified sportsbooks.

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

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

Jan. 24, 2022: Wagr became the very first peer-to-peer betting platform to receive a license in the U.S. and is the ninth lawfully licensed sportsbook operator in Tennessee.

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

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

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

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

October 2021: The Volunteer State recorded its largest-ever monthly handle in September