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On July 1, 2019, the Tennessee Sports Gaming Act entered impact as Gov. Bill Lee consented to permit the bill to become law without his signature. Gov. Lee emphatically opposed gambling but comprehended that legal online sports wagering remained in his state's benefit.
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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 wagerers 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 previously sent cease-and-desist letters to the online sportsbook's Curacao address.
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Oct. 18, 2024: Bally Bet officially goes reside in Tennessee, making it the 12th online operator in the state.

Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere joins a sports betting company 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 correctly choosing the outcome of four 2024 T-Mobile Home Run Derby matches.

July 22, 2024: SuperBook sports betting takes out of eight post-PASPA states, consisting of Tennessee.

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

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 decline.

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

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

Nov. 2, 2023: ESPN BET plans to launch 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 wagering operation as soon as possible.

June 28, 2023: Tennessee will quickly tax sportsbooks based on 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 modifications to Tennessee's sports betting wagering tax guideline.

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

April 27, 2023: Fanatics prepares to release its sports wagering app in Tennessee on Monday, May 1. Current Fanatics clients will receive 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 home authorizes HB 1362, a modified variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the very first state to tax sports wagering operators on their total deal with. A 1.85% tax on sports wagering manage would replace the present 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 receives its mobile sports betting wagering license in Tennessee. However, it has no specific launch date prepared.

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

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

Feb. 13, 2023: ZenSports, recently gotten by KeyStar Corp, could become Tennessee's 14th legal betting site 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 dining establishment and signs at Bridgestone Arena.

Dec. 15, 2022: November betting equates to a brand-new Tennessee sportsbook betting record, as betting websites handled $439.5 million in wagers.

Nov. 11, 2022: Tennessee sports wagering hits 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 wagering in September saw a huge boost compared to August, as online sportsbooks created more than $336.9 million in bets.

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

Aug. 16, 2022: Tennessee ends up being the third 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 introduces 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) authorizes three brand-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 wagering manage 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 became the very first peer-to-peer wagering platform to receive a license in the U.S. and is the ninth lawfully licensed sportsbook operator in Tennessee.

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

Jan. 1, 2022: SWAC takes over the policy of sports wagering from the Tennessee Education Lottery.
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Dec. 17, 2021: The sports betting Wagering Advisory Council (SWAC) will assume sports betting regulative responsibilities in January following a handoff from TELC.

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

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