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On July 1, 2019, the Tennessee sports betting Gaming Act came into result as Gov. Bill Lee consented to enable the expense to end up being law without his signature. Gov. Lee emphatically opposed gambling but understood that legal online sports betting wagering was in his state's finest interest.
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Review this timeline of Tennessee's sports betting history for an overview of its turning points:
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Dec. 12, 2024: Tennessee makes a record-breaking $591 million manage in November, going beyond the state's previous high by $47 million.

Nov. 14, 2024: Tennessee sports wagerers 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 formerly sent cease-and-desist letters to the online sportsbook's Curacao address.

Oct. 18, 2024: Bally Bet formally 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 wagering company as a dream professional after being suspended for sports gambling 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 male wins $900K at Fanatic Sportsbook after properly picking the result of four 2024 T-Mobile Crowning achievement Derby matchups.

July 22, 2024: SuperBook Sports pulls out of eight post-PASPA states, consisting of Tennessee.

July 12, 2024: Tennessee's SWAC releases June sports betting 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 betting handle falls listed below $400 million in February - an 18.6% month-over-month reduction.

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

Jan. 25, 2024: PrizePicks includes a new peer-to-peer 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 cope with online and mobile sports betting, introducing in Tennessee and 16 other states.

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

Aug. 11, 2023: WynnBET Tennessee announces the closure of its online sports betting operation as quickly as possible.

June 28, 2023: Tennessee will soon tax sportsbooks based on their betting 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 wagering tax rule.

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

April 27, 2023: Fanatics plans to release its sports betting wagering app in Tennessee on Monday, May 1. Current Fanatics customers 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 wagering operators on their total deal with. A 1.85% tax on sports wagering manage would change the existing 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 manage.

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

Feb. 24, 2023: Following a strong showing in December, Tennessee's sports wagering manage fell in January by almost 7%.

Feb. 15, 2023: The sports betting Wagering Advisory Council (SWAC) estimates that Tennessee lost out on about $11 million in tax earnings in 2022 because multiple operators - including Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold rule.

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

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

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

Nov. 11, 2022: Tennessee sports betting 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 betting wagering regulator approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

Oct. 18, 2022: Tennessee sports betting in September saw a huge boost compared to August, as online sportsbooks produced more than $336.9 million in bets.

Sept. 6, 2022: Hard Rock Sportsbook releases in the state, becoming TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee becomes the 3rd state to introduce a Betly online sportsbook.

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

April 27, 2022: SuperBook introduces 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 betting Wagering Advisory Council (SWAC) approves three new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 licensed sportsbooks.

Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting handle 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 licensed sportsbook operator in Tennessee.

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

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

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

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

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

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

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

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

August 2021: Caesars gets William Hill, and consequently, the William Hill app is changed 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 first online Tennessee go live, beginning 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 completed guidelines, consisting of a 10% hold mandate for all operators. All operators are consequently allowed to start requesting licenses.

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

July 2019: The Tennessee Sports Gaming Act officially becomes sports wagering law.
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May 2019: Gov. Bill Lee enables the bill to end up being law without his signature. Despite being ethically opposed to gambling in Tennessee, Lee thinks legislating sports wagering remains in the state's benefit.

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