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On July 1, 2019, the Tennessee Sports Gaming Act entered into impact as Gov. Bill Lee agreed to allow the expense to become law without his signature. Gov. Lee emphatically opposed gaming but understood that legal online sports betting was in his state's finest interest.
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Review this timeline of Tennessee's sports betting gambling history for a summary of its milestones:
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Dec. 12, 2024: Tennessee makes a record-breaking $591 million manage in November, surpassing 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 betting 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.

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

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

July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after properly picking the outcome of four 2024 T-Mobile Crowning achievement Derby matchups.

July 22, 2024: SuperBook Sports pulls out of eight post-PASPA states, including Tennessee.
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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.
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March 12, 2024: Tennessee's sports betting deal with falls below $400 million in February - an 18.6% month-over-month decline.

Feb. 24, 2024: Tennessee's sports betting 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 brand-new peer-to-peer game in Tennessee and 3 other U.S. states - PrizePicks Arena.

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

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

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

June 28, 2023: Tennessee will soon tax sportsbooks based upon their betting handle 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 wagering tax guideline.

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

April 27, 2023: Fanatics prepares to release its sports betting wagering app in Tennessee on Monday, May 1. Current Fanatics customers will get a special 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 house approves HB 1362, an amended version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the first state to tax sports wagering operators on their overall manage. A 1.85% tax on sports betting 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 manage.

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 betting deal with fell in January by almost 7%.

Feb. 15, 2023: The sports betting Wagering Advisory Council (SWAC) approximates that Tennessee lost out on about $11 million in tax profits in 2022 because several operators - including Caesars, DraftKings, and BetMGM - failed 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 authorized.

Dec. 19, 2022: BetMGM is called an official sports wagering partner of the Nashville Predators. The multi-year partnership consists of a BetMGM-branded restaurant and signs at Bridgestone Arena.

Dec. 15, 2022: November wagering translates to a brand-new Tennessee sportsbook betting record, as betting sites 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.

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 boost 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.

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

Aug. 3, 2022: Caesars Sportsbook ends up being a main sports wagering 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 main sports betting 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.
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Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports wagering deal with for January.

Feb. 10, 2022: Fubo is approved 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 licensed sportsbook operator in Tennessee.

Jan. 4, 2022: Record earnings produced by Tennessee-licensed sportsbooks continue, with close to $40 million in November.

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

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

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

October 2021: The Volunteer State recorded its largest-ever monthly deal with in September