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On July 1, 2019, the Tennessee Sports Gaming Act entered impact as Gov. Bill Lee accepted allow the costs to become law without his signature. Gov. Lee vehemently opposed betting however understood that legal online sports betting wagering was in his state's benefit.

Review this timeline of Tennessee's sports betting history for an introduction of its turning points:
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Dec. 12, 2024: Tennessee earns a record-breaking $591 million handle in November, surpassing the state's previous high by $47 million.

Nov. 14, 2024: Tennessee sports betting wagerers 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 officially goes live 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 business as a dream specialist after being suspended for sports betting formerly.

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

July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after properly choosing the outcome of four 2024 T-Mobile Home Run Derby matchups.

July 22, 2024: SuperBook sports betting pulls out of eight post-PASPA states, including Tennessee.

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

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

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 reduction.

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

Jan. 17, 2024: Tennessee's sports betting deal with 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, introducing in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET prepares to launch 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 operation as quickly as possible.

June 28, 2023: Tennessee will quickly based upon their betting handle 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 changes to Tennessee's sports betting tax guideline.

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

April 27, 2023: Fanatics plans to launch its sports betting app in Tennessee on Monday, May 1. Current Fanatics clients will get an unique code to access the app.

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

April 21, 2023: Your home approves HB 1362, an amended version 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 manage. A 1.85% tax on sports wagering handle would replace the current 20% tax on gross profits.

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

March 1, 2023: Fanatics receives its mobile sports betting 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 deal with fell in January by nearly 7%.

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee lost out on about $11 million in tax profits in 2022 due to the fact that numerous operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold rule.

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

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

Dec. 15, 2022: November betting translates to a new Tennessee sportsbook betting record, as wagering websites managed $439.5 million in wagers.

Nov. 11, 2022: Tennessee sports betting strikes 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: Acid rock Sportsbook introduces in the state, ending up being TN's 11th active sportsbook.
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Aug. 16, 2022: Tennessee becomes the 3rd state to introduce a Betly online sportsbook.

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

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

April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the main sports betting wagering 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 certified sportsbooks.

Feb. 17, 2022: Tennessee signs up an all-time single-month record of $386 million in sports wagering manage 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 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.
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Jan. 4, 2022: Record profits produced by Tennessee-licensed sportsbooks continue, with near $40 million in November.

Jan. 1, 2022: SWAC takes control of the guideline of sports betting from the Tennessee Education Lottery.

Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume 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 wagering manage throughout the very first 12 months.

October 2021: The Volunteer State taped its largest-ever month-to-month manage in September