Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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

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

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Review this timeline of Tennessee's sports gambling history for a summary of its turning points:


Dec. 12, 2024: Tennessee earns a record-breaking $591 million deal with in November, surpassing 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 officially 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 dream expert after being suspended for sports betting previously.


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


July 23, 2024: A Tennessee guy 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 8 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% boost in year-over-year action.


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


Feb. 24, 2024: Tennessee's sports betting handle continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM decline.


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 wagering deal with 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, launching in Tennessee and 16 other states.


Nov. 2, 2023: ESPN BET prepares to launch on Nov. 14, 2023, with online sports betting going reside in 17 U.S. states, including 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 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 authorizes 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 prepares to launch its sports betting app in Tennessee on Monday, May 1. Current Fanatics consumers will get a distinct code to access the app.


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


April 21, 2023: The House authorizes HB 1362, a modified version 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 overall manage. A 1.85% tax on sports betting deal with would replace 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 deal with.


March 1, 2023: Fanatics gets its mobile sports wagering license in Tennessee. However, it has no specific 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 lost out on about $11 million in tax profits in 2022 due to the fact that several operators - consisting of Caesars, DraftKings, and BetMGM - failed to hit the state's 10% hold guideline.


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


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


Dec. 15, 2022: November wagering equates to a new Tennessee sportsbook wagering record, as wagering sites dealt with $439.5 million in wagers.


Nov. 11, 2022: Tennessee sports betting hits a record high in October, as the state records an all-time deal with 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 big 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, becoming TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee becomes the 3rd state to release 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 launches 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 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 registers an all-time single-month record of $386 million in sports betting manage 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 ended up being the very first peer-to-peer betting platform to receive a license in the U.S. and is the ninth lawfully certified sportsbook operator in Tennessee.


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


Jan. 1, 2022: SWAC takes control of the policy of sports wagering 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.


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


October 2021: The Volunteer State recorded its largest-ever month-to-month handle in September; Tennessee sits $40 million shy of striking the $2 billion mark for 2021.


Oct. 21, 2021: Bally becomes a sports betting wagering partner of the Nashville Predators.


Sept. 8, 2021: Barstool Sportsbook launches in Tennessee.


September 2021: Barstool Sportsbook and Wagr, a social sports betting app, receive sports wagering 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.

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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 approves its very first 3 sportsbook operators: DraftKings, FanDuel, and BetMGM.


April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) authorizes finalized regulations, consisting of a 10% hold required for all operators. All operators are subsequently allowed to begin obtaining licenses.


Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council starts designing the initial draft of Tennessee sports betting regulations.


July 2019: The Tennessee Sports Gaming Act officially ends up being sports wagering law.


May 2019: Gov. Bill Lee enables the costs to become law without his signature. Despite being morally opposed to gambling in Tennessee, Lee thinks legislating sports betting is in the state's benefit.


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

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