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 result as Gov. Bill Lee accepted permit the expense to become law without his signature. Gov.

On July 1, 2019, the Tennessee Sports Gaming Act came into effect as Gov. Bill Lee consented to enable the expense to become law without his signature. Gov. Lee emphatically opposed betting however comprehended that legal online sports wagering remained in his state's best 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 handle in November, exceeding the state's previous high by $47 million.


Nov. 14, 2024: Tennessee sports wagerers wager a record $551 million in October.

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Oct. 25, 2024: Tennessee fines Bovada $50k (and counting), for accepting wagers without a license. The Sports Wagering Council (SWC) had actually formerly 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 joins a sports wagering company as a dream specialist after being suspended for sports gambling previously.


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


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


July 22, 2024: SuperBook Sports takes out of 8 post-PASPA states, consisting of Tennessee.


July 12, 2024: Tennessee's SWAC releases June sports betting wagering numbers. With a $344.8 million handle, TN sportsbooks see a 49% increase in year-over-year action.


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


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


Jan. 25, 2024: PrizePicks includes a new peer-to-peer game in Tennessee and three other U.S. states - PrizePicks Arena.


Jan. 17, 2024: Tennessee's sports betting manage drops listed 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, releasing 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, including Tennessee.


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


June 28, 2023: Tennessee will soon tax sportsbooks based upon their betting manage instead of their revenue.


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 introduces its mobile app in Tennessee and Ohio.


April 27, 2023: Fanatics prepares to release its sports betting app in Tennessee on Monday, May 1. Current Fanatics customers will get a special code to access the app.


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

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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 become the first state to tax sports betting wagering operators on their total deal with. A 1.85% tax on sports betting handle would change the existing 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 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 wagering handle fell in January by almost 7%.


Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee missed out on out on about $11 million in tax income in 2022 due to the fact that numerous operators - including Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold guideline.


Feb. 13, 2023: ZenSports, recently gotten by KeyStar Corp, could become Tennessee's 14th legal wagering website if its application is authorized.


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


Dec. 15, 2022: November wagering translates to a brand-new Tennessee sportsbook wagering record, as betting websites dealt with $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 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 produced more than $336.9 million in bets.


Sept. 6, 2022: Acid rock Sportsbook releases in the state, becoming TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee becomes the 3rd state to launch a Betly online sportsbook.


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


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


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


March 10, 2022: The Tennessee sports betting Wagering Advisory Council (SWAC) authorizes three new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 certified sportsbooks.


Feb. 17, 2022: Tennessee signs up an all-time single-month record of $386 million in sports betting manage 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 betting platform to get a license in the U.S. and is the ninth legally certified sportsbook operator in Tennessee.


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


Jan. 1, 2022: SWAC takes over the regulation of sports wagering from the Tennessee Education Lottery.


Dec. 17, 2021: The sports betting Wagering Advisory Council (SWAC) will assume sports betting wagering regulatory responsibilities 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 deal with during the very first 12 months.


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


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


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


August 2021: Caesars obtains William Hill, and consequently, 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 wagering industry.


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 guidelines, including a 10% hold mandate for all operators. All operators are consequently allowed to begin making an application for licenses.


Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee lawmakers. The council starts developing the initial draft of Tennessee sports betting guidelines.


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

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May 2019: Gov. Bill Lee enables the expense to end up being law without his signature. Despite being morally opposed to betting in Tennessee, Lee believes legalizing sports betting wagering remains in the state's benefit.


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

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