On July 1, 2019, the Tennessee Sports Gaming Act came into effect as Gov. Bill Lee consented to enable the costs to become law without his signature. Gov. Lee vehemently opposed gaming but comprehended 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 a summary of its turning points:

Dec. 12, 2024: Tennessee earns a record-breaking $591 million deal with in November, exceeding 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 Wagering Council (SWC) had actually previously sent cease-and-desist letters to the online sportsbook's Curacao address.

Oct. 18, 2024: Bally Bet formally goes reside in Tennessee, making it the 12th online operator in the state.
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Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere joins a sports betting wagering company as a fantasy professional after being suspended for sports betting gambling previously.

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

July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after properly choosing the result of four 2024 T-Mobile Crowning achievement 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 wagering numbers. With a $344.8 million manage, TN sportsbooks see a 49% boost in year-over-year action.

March 12, 2024: Tennessee's sports wagering handle falls listed below $400 million in February - an 18.6% month-over-month decline.

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

Jan. 25, 2024: PrizePicks adds a brand-new peer-to-peer video game in Tennessee and 3 other U.S. states - PrizePicks Arena.

Jan. 17, 2024: Tennessee's sports wagering deal with drops listed below $500 million in December, which is a 4.2% drop from November.

Nov. 14, 2023: ESPN BET goes live with online and mobile sports betting wagering, releasing in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET prepares to release 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 betting operation as quickly as possible.

June 28, 2023: Tennessee will quickly tax sportsbooks based on their betting deal with 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 approves changes 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 release its sports betting wagering app in Tennessee on Monday, May 1. Current Fanatics clients will get a distinct 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 home approves HB 1362, a changed variation 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 overall manage. A 1.85% tax on sports betting handle would change the current 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 handle.

March 1, 2023: Fanatics gets its mobile sports betting license in Tennessee. However, it has no particular 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 Wagering Advisory Council (SWAC) estimates that Tennessee lost out on about $11 million in tax revenue in 2022 because multiple operators - consisting of Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold rule.

Feb. 13, 2023: ZenSports, recently obtained by KeyStar Corp, might become Tennessee's 14th legal betting site if its application is authorized.

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

Dec. 15, 2022: November wagering translates to a new Tennessee sportsbook betting record, as betting websites dealt with $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 wagering regulator approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

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

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

Aug. 16, 2022: Tennessee becomes the third state to introduce a Betly online .

Aug. 3, 2022: Caesars Sportsbook becomes 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 wagering partner of the MLS' Nashville FC.
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March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes three new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 certified sportsbooks.

Feb. 17, 2022: Tennessee registers 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.
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Jan. 24, 2022: Wagr became the very first peer-to-peer betting platform to get a license in the U.S. and is the ninth legally licensed sportsbook operator in Tennessee.

Jan. 4, 2022: Record profits generated by Tennessee-licensed sportsbooks continue, with near $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 assume sports betting regulatory duties 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, signing up $2.335 billion in sports betting handle throughout the very first 12 months.

October 2021: The Volunteer State recorded its largest-ever month-to-month manage in September