Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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On July 1, 2019, the Tennessee Sports Gaming Act entered into impact as Gov. Bill Lee accepted enable the expense to end up being law without his signature. Gov.

On July 1, 2019, the Tennessee Sports Gaming Act entered effect as Gov. Bill Lee concurred to enable the bill to become law without his signature. Gov. Lee emphatically opposed gaming however comprehended that legal online sports wagering remained in his state's benefit.

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Review this timeline of Tennessee's sports gambling history for an overview of its turning points:


Dec. 12, 2024: Tennessee makes a record-breaking $591 million handle 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 betting Wagering Council (SWC) had actually previously sent 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 joins a sports wagering company as a fantasy specialist after being suspended for sports betting formerly.


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


July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after properly choosing the result of 4 2024 T-Mobile Crowning achievement Derby matches.

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


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.


March 12, 2024: Tennessee's sports betting deal with falls listed below $400 million in February - an 18.6% month-over-month reduction.


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 includes a brand-new peer-to-peer video game in Tennessee and three other U.S. states - PrizePicks Arena.

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


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


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


June 28, 2023: Tennessee will quickly tax sportsbooks based upon their betting manage 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 authorizes changes to Tennessee's sports wagering tax rule.


May 1, 2023: Fanatics Sportsbook launches 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 customers 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, an amended version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the first state to tax sports wagering operators on their total manage. A 1.85% tax on sports betting deal with would change the present 20% tax on gross earnings.


April 19, 2023: Tennessee sportsbooks take in $392.6 million in sports betting bets in March - a 20% bump from the state's February deal with.


March 1, 2023: Fanatics receives its mobile sports wagering 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 nearly 7%.


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


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 a main sports wagering partner of the Nashville Predators. The multi-year partnership includes a BetMGM-branded restaurant and signs at Bridgestone Arena.

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


Nov. 11, 2022: Tennessee sports wagering hits a record high in October, as the state records an all-time handle of $405.3 million.


Oct. 24, 2022: Tennessee's sports betting regulator authorizes 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 generated 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 ends up being the third state to release 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 wagering partner of the MLS' Nashville FC.


March 10, 2022: The Tennessee sports betting Wagering Advisory Council (SWAC) authorizes 3 brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 licensed sportsbooks.


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


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


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 certified sportsbook operator in Tennessee.


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


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


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


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


October 2021: The Volunteer State taped its largest-ever monthly manage 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 introduces in Tennessee.


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


August 2021: Caesars acquires William Hill, and subsequently, 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 sportsbooks go live, kicking off the state's legal online sports betting industry.


September 2020: TELC authorizes its very first 3 sportsbook operators: DraftKings, FanDuel, and BetMGM.


April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) authorizes completed guidelines, including a 10% hold required for all operators. All operators are consequently permitted to start looking for licenses.


Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee legislators. The council starts designing the very first draft of Tennessee sports betting wagering policies.

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July 2019: The Tennessee Sports Gaming Act officially becomes sports betting wagering law.


May 2019: Gov. Bill Lee permits the costs to become law without his signature. Despite being ethically opposed to betting in Tennessee, Lee believes legislating sports betting wagering remains in the state's finest interest.


Nov. 2018: Rep. Rick Staples introduces a bipartisan costs to legalize Tennessee sports wagering.

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