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 result as Gov. Bill Lee concurred to enable the expense to end up being law without his signature. Gov.

On July 1, 2019, the Tennessee Sports Gaming Act entered effect as Gov. Bill Lee consented to permit the costs to end up being law without his signature. Gov. Lee emphatically opposed betting however understood that legal online sports betting was in his state's benefit.


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


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


Nov. 14, 2024: Tennessee sports betting 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 previously 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.


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


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


July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after correctly choosing the outcome of 4 2024 T-Mobile Home Run Derby matchups.


July 22, 2024: SuperBook Sports pulls out of 8 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 sports betting manage falls listed below $400 million in February - an 18.6% month-over-month decline.


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 reduction.


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


Jan. 17, 2024: Tennessee's sports wagering 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 betting, releasing in Tennessee and 16 other states.


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


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


June 28, 2023: Tennessee will quickly tax sportsbooks based on their wagering manage rather of their revenue.


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 rule.


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


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


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


April 21, 2023: Your house authorizes HB 1362, an amended variation 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 manage. A 1.85% tax on sports betting deal with would change the current 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 receives its mobile sports betting 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 nearly 7%.


Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee missed out on out on about $11 million in tax revenue in 2022 since multiple operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to strike the state's 10% hold guideline.


Feb. 13, 2023: ZenSports, just recently gotten by KeyStar Corp, might end up being Tennessee's 14th legal betting site 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 restaurant and signs at Bridgestone Arena.


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


Nov. 11, 2022: Tennessee sports betting wagering strikes a record high in October, as the state records an all-time deal with 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 wagering in September saw a big increase compared to August, as online sportsbooks generated more than $336.9 million in bets.


Sept. 6, 2022: Hard Rock Sportsbook introduces 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 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 three 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 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 wagering in Tennessee. A launch date is not announced.


Jan. 24, 2022: Wagr ended up being the very 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 incomes created by Tennessee-licensed sportsbooks continue, with near $40 million in November.

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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 presume sports betting regulative duties in January following a handoff from TELC.

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


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


Oct. 21, 2021: Bally becomes a sports wagering partner of the Nashville Predators.


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


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


August 2021: Caesars obtains 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 very first 3 sportsbook operators: DraftKings, FanDuel, and BetMGM.


April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) authorizes finalized regulations, including a 10% hold required for all operators. All operators are subsequently allowed to begin using for licenses.

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


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


May 2019: Gov. Bill Lee permits the costs to end up being law without his signature. Despite being ethically opposed to gambling in Tennessee, Lee believes legislating sports betting remains in the state's best interest.


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

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