Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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On July 1, 2019, the Tennessee Sports Gaming Act came into effect as Gov. Bill Lee accepted permit the bill to end up being law without his signature. Gov.

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On July 1, 2019, the Tennessee Sports Gaming Act entered into effect as Gov. Bill Lee consented to allow the bill to become law without his signature. Gov. Lee vehemently 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 milestones:

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Dec. 12, 2024: Tennessee earns a record-breaking $591 million manage in November, surpassing 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 out 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 signs up with a sports betting business as a fantasy expert after being suspended for sports betting formerly.


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


July 23, 2024: A Tennessee male wins $900K at Fanatic Sportsbook after correctly picking the outcome of four 2024 T-Mobile Crowning achievement 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 wagering 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 listed below $400 million in February - an 18.6% month-over-month decline.


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


Jan. 25, 2024: PrizePicks adds a brand-new peer-to-peer video game in Tennessee and three 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 deal with online and mobile sports betting wagering, launching in Tennessee and 16 other states.


Nov. 2, 2023: ESPN BET plans to introduce on Nov. 14, 2023, with online sports wagering going reside 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.

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June 28, 2023: Tennessee will soon tax sportsbooks based upon their betting deal with rather of their income.


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 betting tax guideline.


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


April 27, 2023: Fanatics plans to introduce its sports wagering app in Tennessee on Monday, May 1. Current Fanatics clients will receive an unique code to access the app.


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


April 21, 2023: Your 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 betting operators on their total manage. A 1.85% tax on sports betting deal with would change 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 betting license in Tennessee. However, it has no particular launch date planned.


Feb. 24, 2023: Following a strong showing in December, Tennessee's sports wagering deal with fell in January by almost 7%.


Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee lost out on about $11 million in tax profits in 2022 because several operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold guideline.


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


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 wagering record, as wagering sites handled $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 wagering in September saw a huge boost compared to August, as online sportsbooks produced more than $336.9 million in bets.


Sept. 6, 2022: Hard Rock Sportsbook launches in the state, ending up being TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee becomes the third state to release a Betly online sportsbook.


Aug. 3, 2022: Caesars Sportsbook ends up being an official sports betting wagering partner of the Memphis Grizzlies.


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


April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the official sports betting wagering 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 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 authorized as the 10th sportsbook for online betting in Tennessee. A launch date is not revealed.


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 licensed sportsbook operator in Tennessee.


Jan. 4, 2022: Record profits generated by Tennessee-licensed sportsbooks continue, with close to $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 betting Wagering Advisory Council (SWAC) will assume sports wagering regulative duties in January following a handoff from TELC.


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


October 2021: The Volunteer State recorded its largest-ever regular 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 wagering partner of the Nashville Predators.


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


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


August 2021: Caesars acquires William Hill, and subsequently, the William Hill app is replaced 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, beginning the state's legal online sports wagering market.


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


April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) authorizes completed policies, consisting of a 10% hold mandate for all operators. All operators are consequently allowed to begin getting licenses.


Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee legislators. The council begins creating the very first draft of Tennessee sports betting guidelines.


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

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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 remains in the state's finest interest.


Nov. 2018: Rep. Rick Staples introduces a bipartisan bill to legislate Tennessee sports wagering.

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