Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee concurred to enable the costs to become law without his signature. Gov.

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

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


Dec. 12, 2024: Tennessee makes a record-breaking $591 million manage in November, exceeding the state's previous high by $47 million.


Nov. 14, 2024: Tennessee sports gamblers 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 reside in Tennessee, making it the 12th online operator in the state.


Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere joins a sports betting wagering company as a fantasy professional after being suspended for sports betting previously.


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


July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after properly selecting the outcome of 4 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 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 handle falls below $400 million in February - an 18.6% month-over-month decrease.


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


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


Jan. 17, 2024: Tennessee's sports betting manage 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 reside in 17 U.S. states, including Tennessee.


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


June 28, 2023: Tennessee will soon tax sportsbooks based upon 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 approves 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 plans to launch its sports betting wagering app in Tennessee on Monday, May 1. Current Fanatics consumers will receive a special 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: The House authorizes HB 1362, a modified version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the first state to tax sports betting operators on their overall handle. A 1.85% tax on sports wagering manage would change the existing 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 manage.


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


Feb. 24, 2023: Following a strong proving 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 about $11 million in tax income in 2022 because multiple operators - including Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold guideline.


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


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


Dec. 15, 2022: November betting translates to a brand-new Tennessee sportsbook betting record, as wagering sites dealt with $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 handle 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 in September saw a big boost compared to August, as online sportsbooks produced 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 ends up being the 3rd 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 releases sportsbook operations in Tennessee.


April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes 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 manage for January.


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


Jan. 24, 2022: Wagr became 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 profits generated by Tennessee-licensed sportsbooks continue, with near to $40 million in November.


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


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


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


October 2021: The Volunteer State taped its largest-ever month-to-month handle in September; Tennessee sits $40 million shy of striking the $2 billion mark for 2021.


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


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


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


August 2021: Caesars acquires William Hill, and subsequently, 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 market.


September 2020: TELC approves its first 3 sportsbook operators: DraftKings, FanDuel, and BetMGM.


April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) approves settled policies, consisting of a 10% hold required for all operators. All operators are consequently permitted to start requesting licenses.


Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council starts developing the very first draft of Tennessee sports betting wagering guidelines.


July 2019: The Tennessee Sports Gaming Act formally ends up being sports betting law.


May 2019: Gov. Bill Lee allows the expense to become law without his signature. Despite being morally opposed to gambling in Tennessee, Lee thinks legalizing sports wagering is in the state's best interest.


Nov. 2018: Rep. Rick Staples introduces a bipartisan costs to legislate Tennessee sports wagering.

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