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On July 1, 2019, the Tennessee Sports Gaming Act entered into impact as Gov. Bill Lee accepted permit the costs to become law without his signature. Gov. Lee emphatically opposed gambling however understood that legal online sports betting wagering remained in his state's benefit.
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Review this timeline of Tennessee's sports betting history for an overview 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 bet 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 previously sent out 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.
Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere signs up with a sports wagering company as a dream specialist after being suspended for sports gambling previously.
Sept. 12, 2024: Tennessee increases its sports betting wagering handle and profits in August thanks to the return of football.
July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after properly choosing the result of four 2024 T-Mobile Home Run Derby matchups.
July 22, 2024: SuperBook Sports takes out of 8 post-PASPA states, consisting of Tennessee.
July 12, 2024: Tennessee's SWAC releases June sports betting wagering numbers. With a $344.8 million deal with, TN sportsbooks see a 49% boost 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 reduction.
Feb. 24, 2024: Tennessee's sports betting manage continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM decline.
Jan. 25, 2024: PrizePicks adds a brand-new peer-to-peer game in Tennessee and 3 other U.S. states - PrizePicks Arena.
Jan. 17, 2024: Tennessee's sports betting handle drops listed 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 wagering, introducing in Tennessee and 16 other states.
Nov. 2, 2023: ESPN BET plans to release on Nov. 14, 2023, with online sports wagering going reside in 17 U.S. states, including Tennessee.
Aug. 11, 2023: WynnBET Tennessee announces the closure of its online sports wagering operation as quickly as possible.
June 28, 2023: Tennessee will soon tax sportsbooks based on their betting deal with 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 approves 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 prepares to launch its sports betting wagering app in Tennessee on Monday, May 1. Current Fanatics customers will get a distinct 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: The House 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 handle. A 1.85% tax on sports betting manage would change the existing 20% tax on gross income.
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 gets 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 betting manage fell in January by almost 7%.
Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates 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 - failed to strike the state's 10% hold guideline.
Feb. 13, 2023: ZenSports, recently obtained by KeyStar Corp, might end up being Tennessee's 14th legal wagering site if its application is approved.
Dec. 19, 2022: BetMGM is called an official sports betting partner of the Nashville Predators. The multi-year collaboration consists of a BetMGM-branded dining establishment and signage at Bridgestone Arena.
Dec. 15, 2022: November wagering translates to a brand-new Tennessee sportsbook betting record, as wagering websites handled $439.5 million in wagers.
Nov. 11, 2022: Tennessee sports wagering strikes a record high in October, as the state records an all-time handle of $405.3 million.
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Oct. 24, 2022: Tennessee's sports betting regulator approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.
Oct. 18, 2022: Tennessee sports wagering in September saw a big boost compared to August, as online sportsbooks more than $336.9 million in bets.
Sept. 6, 2022: Hard Rock Sportsbook launches in the state, becoming TN's 11th active sportsbook.
Aug. 16, 2022: Tennessee ends up being the third state to release 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 launches sportsbook operations in Tennessee.
April 14, 2022: Wagr, a Tennessee-based sportsbook, ends up being the official sports betting partner of the MLS' Nashville FC.
March 10, 2022: The Tennessee sports betting Wagering Advisory Council (SWAC) authorizes 3 new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 certified sportsbooks.
Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting manage for January.
Feb. 10, 2022: Fubo is approved as the 10th sportsbook for online betting in Tennessee. A launch date is not revealed.
Jan. 24, 2022: Wagr ended up being the first peer-to-peer betting platform to get a license in the U.S. and is the ninth lawfully certified sportsbook operator in Tennessee.
Jan. 4, 2022: Record revenues produced by Tennessee-licensed sportsbooks continue, with near $40 million in November.
Jan. 1, 2022: SWAC takes over the guideline of sports betting from the Tennessee Education Lottery.
Dec. 17, 2021: The sports betting Wagering Advisory Council (SWAC) will assume sports betting regulatory tasks 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 very first 12 months.
October 2021: The Volunteer State taped its largest-ever month-to-month manage in September
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Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024
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