On July 1, 2019, the Tennessee Sports Gaming Act came into effect as Gov. Bill Lee accepted permit the costs to end up being law without his signature. Gov. Lee emphatically opposed gaming but comprehended that legal online sports wagering remained in his state's best interest.

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

Dec. 12, 2024: Tennessee makes a record-breaking $591 million manage in November, exceeding the state's previous high by $47 million.
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Nov. 14, 2024: Tennessee sports bettors 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 formerly sent cease-and-desist letters to the online sportsbook's Curacao address.

Oct. 18, 2024: Bally Bet formally goes live 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 fantasy professional after being suspended for sports gambling formerly.

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

July 23, 2024: A Tennessee male wins $900K at Fanatic Sportsbook after correctly selecting the outcome of four 2024 T-Mobile Crowning achievement Derby matchups.
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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 deal with, TN sportsbooks see a 49% increase 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 decrease.

Feb. 24, 2024: Tennessee's sports betting manage continues to fall in January, generating $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 three other U.S. states - PrizePicks Arena.

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

Nov. 2, 2023: ESPN BET plans to introduce on Nov. 14, 2023, with online sports wagering going live in 17 U.S. states, consisting of Tennessee.

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

June 28, 2023: Tennessee will soon tax sportsbooks based upon their wagering handle 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 modifications to Tennessee's sports betting tax guideline.

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

April 27, 2023: Fanatics plans to launch its sports betting app in Tennessee on Monday, May 1. Current Fanatics consumers will receive a special code to access the app.

April 25, 2023: Yahoo acquires Wagr, a social peer-to-peer sportsbook app founded in Nashville, TN.
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April 21, 2023: The House approves HB 1362, a modified variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the first state to tax sports betting operators on their total handle. A 1.85% tax on sports betting handle would change the existing 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 handle.

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 wagering handle 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 profits in 2022 because several operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to strike the state's 10% hold rule.

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

Dec. 19, 2022: BetMGM is called a main sports betting partner of the Nashville Predators. The multi-year collaboration consists of a BetMGM-branded dining establishment and signage at Bridgestone Arena.

Dec. 15, 2022: November betting translates to a brand-new Tennessee sportsbook betting record, as betting sites managed $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.
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Oct. 24, 2022: Tennessee's sports betting wagering 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 generated more than $336.9 million in bets.

Sept. 6, 2022: Hard Rock Sportsbook introduces 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 a main sports wagering partner of the Memphis Grizzlies.

April 27, 2022: SuperBook launches sportsbook operations in Tennessee.

April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the official sports wagering partner of the MLS' Nashville FC.

March 10, 2022: The Tennessee sports betting 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 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 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.
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Jan. 4, 2022: Record earnings produced 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 presume sports betting regulatory tasks in January following a handoff from TELC.

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

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