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

Review this timeline of Tennessee's sports betting history for an introduction of its milestones:

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 betting 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 out 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 formerly.

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

July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after properly choosing the result of four 2024 T-Mobile Home Run Derby matches.

July 22, 2024: SuperBook Sports takes out of 8 post-PASPA states, consisting of Tennessee.
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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 handle continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM reduction.

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 manage drops below $500 million in December, which is a 4.2% drop from November.

Nov. 14, 2023: ESPN BET goes cope 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 live in 17 U.S. states, consisting of Tennessee.

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

June 28, 2023: Tennessee will soon tax sportsbooks based upon their wagering deal with instead 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 changes 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 launch its sports wagering app in Tennessee on Monday, May 1. Current Fanatics consumers will receive a distinct code to access the app.

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

April 21, 2023: Your house authorizes HB 1362, a modified variation 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 handle. A 1.85% tax on sports wagering handle would replace the present 20% tax on gross profits.

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 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 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 due to the fact that numerous operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold rule.
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Feb. 13, 2023: ZenSports, just recently obtained by KeyStar Corp, could end up being Tennessee's 14th legal betting website if its application is approved.

Dec. 19, 2022: BetMGM is named a main sports wagering partner of the Nashville Predators. The multi-year partnership includes a BetMGM-branded dining establishment and signs at Bridgestone Arena.

Dec. 15, 2022: November betting translates to a new Tennessee sportsbook wagering record, as wagering 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 wagering regulator approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

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

Sept. 6, 2022: Acid rock Sportsbook introduces in the state, ending up being TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee ends up being the 3rd state to introduce a Betly online .

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

March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) approves three 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 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 get a license in the U.S. and is the ninth legally certified sportsbook operator in Tennessee.

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

Jan. 1, 2022: SWAC takes control of the policy of sports betting from the Tennessee Education Lottery.

Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports 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, signing up $2.335 billion in sports betting deal with throughout the first 12 months.
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October 2021: The Volunteer State recorded its largest-ever regular monthly deal with in September