On July 1, 2019, the Tennessee Sports Gaming Act entered into result as Gov. Bill Lee concurred to permit the costs to become law without his signature. Gov. Lee emphatically opposed gambling however comprehended that legal online sports betting was in his state's benefit.

Review this timeline of Tennessee's sports gambling history for an introduction of its turning points:
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Dec. 12, 2024: Tennessee makes 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 formally 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 business as a dream expert after being suspended for sports gambling previously.

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

July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after properly selecting the outcome of 4 2024 T-Mobile Home Run Derby matchups.

July 22, 2024: SuperBook Sports 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 manage, TN sportsbooks see a 49% increase in year-over-year action.

March 12, 2024: Tennessee's sports betting deal with falls below $400 million in February - an 18.6% month-over-month reduction.
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Feb. 24, 2024: Tennessee's sports betting handle 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 new peer-to-peer video game in Tennessee and 3 other U.S. states - PrizePicks Arena.

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

Nov. 2, 2023: ESPN BET prepares to launch on Nov. 14, 2023, with online sports betting going live in 17 U.S. states, consisting of Tennessee.
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Aug. 11, 2023: WynnBET Tennessee reveals the closure of its online sports wagering operation as soon as possible.

June 28, 2023: Tennessee will quickly tax sportsbooks based upon their betting deal with 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 wagering 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 app in Tennessee on Monday, May 1. Current Fanatics consumers will receive an unique code to access the app.

April 25, 2023: Yahoo acquires Wagr, a social peer-to-peer sportsbook app in Nashville, TN.

April 21, 2023: Your house authorizes HB 1362, a changed 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 overall deal with. A 1.85% tax on sports betting manage would replace the current 20% tax on gross income.

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 gets its mobile sports betting license in Tennessee. However, it has no specific launch date prepared.

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

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee lost out on about $11 million in tax profits in 2022 since numerous 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, could become Tennessee's 14th legal betting website if its application is approved.

Dec. 19, 2022: BetMGM is called a main sports betting partner of the Nashville Predators. The multi-year partnership includes a BetMGM-branded dining establishment and signs at Bridgestone Arena.
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Dec. 15, 2022: November betting equates to a brand-new Tennessee sportsbook wagering record, as wagering websites dealt with $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 betting regulator authorizes license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

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

Sept. 6, 2022: Acid rock Sportsbook releases in the state, becoming TN's 11th active sportsbook.
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Aug. 16, 2022: Tennessee ends up being the 3rd state to launch a Betly online sportsbook.

Aug. 3, 2022: Caesars Sportsbook ends up being 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, ends up being the official sports betting partner of the MLS' Nashville FC.

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 be up to 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 betting in Tennessee. A launch date is not announced.

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

Jan. 4, 2022: Record incomes created 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 regulative responsibilities in January following a handoff from TELC.

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

October 2021: The Volunteer State recorded its largest-ever regular monthly manage in September