On July 1, 2019, the Tennessee Sports Gaming Act entered impact as Gov. Bill Lee consented to enable the bill to end up being law without his signature. Gov. Lee emphatically opposed gambling however comprehended that legal online sports betting was in his state's best interest.

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 handle in November, going beyond the state's previous high by $47 million.

Nov. 14, 2024: Tennessee sports gamblers 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.
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Oct. 18, 2024: Bally Bet formally 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 betting company as a fantasy professional after being suspended for sports betting previously.

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

July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after correctly selecting the result of four 2024 T-Mobile Crowning achievement Derby matchups.

July 22, 2024: SuperBook Sports takes out of 8 post-PASPA states, including 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 listed 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 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 wagering handle drops listed 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 launch on Nov. 14, 2023, with online sports wagering going reside in 17 U.S. states, consisting of 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 earnings.

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 wagering tax guideline.

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

April 27, 2023: Fanatics plans to launch its sports wagering app in Tennessee on Monday, May 1. Current Fanatics consumers will receive an unique 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: 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 wagering operators on their total handle. A 1.85% tax on sports betting 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 betting license in Tennessee. However, it has no specific launch date planned.
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Feb. 24, 2023: Following a strong showing in December, Tennessee's sports betting wagering deal with fell in January by almost 7%.

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee missed out on out on about $11 million in tax earnings in 2022 due to the fact that several operators - including Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold rule.

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

Dec. 19, 2022: BetMGM is named a main 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 betting equates to a new Tennessee sportsbook betting record, as wagering websites managed $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 manage of $405.3 million.

Oct. 24, 2022: Tennessee's sports betting regulator approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

Oct. 18, 2022: Tennessee sports betting wagering in September saw a big increase compared to August, as online sportsbooks generated more than $336.9 million in bets.
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Sept. 6, 2022: Hard Rock Sportsbook introduces 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 wagering partner of the Memphis Grizzlies.

April 27, 2022: SuperBook releases sportsbook operations in Tennessee.

April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the official sports betting partner of the MLS' Nashville FC.

March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes 3 new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 licensed sportsbooks.

Feb. 17, 2022: Tennessee signs up an all-time single-month record of $386 million in sports wagering handle for January.

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

Jan. 24, 2022: Wagr became the first peer-to-peer wagering platform to receive a license in the U.S. and is the ninth legally certified sportsbook operator in Tennessee.

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

Jan. 1, 2022: SWAC takes control of the guideline 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.
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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 wagering handle throughout the first 12 months.

October 2021: The Volunteer State taped its largest-ever month-to-month deal with in September