Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

On July 1, 2019, the Tennessee Sports Gaming Act entered effect as Gov. Bill Lee accepted enable the bill to become law without his signature. Gov.

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On July 1, 2019, the Tennessee Sports Gaming Act entered result as Gov. Bill Lee consented to enable the bill to end up being law without his signature. Gov. Lee vehemently opposed gambling however comprehended that legal online sports wagering remained in his state's benefit.

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


Dec. 12, 2024: Tennessee makes a record-breaking $591 million deal with in November, going beyond the state's previous high by $47 million.


Nov. 14, 2024: Tennessee sports gamblers 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 previously sent out 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.

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Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere signs up with a sports wagering company as a dream specialist after being suspended for sports gambling formerly.


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


July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after correctly choosing the result of 4 2024 T-Mobile Crowning achievement Derby matches.


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


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


March 12, 2024: Tennessee's sports betting wagering manage falls listed 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 decrease.


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


Jan. 17, 2024: Tennessee's sports wagering manage drops 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, releasing 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 announces the closure of its online sports wagering operation as quickly as possible.


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


May 1, 2023: Fanatics Sportsbook releases 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 consumers will receive a special 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: Your home approves 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 total deal with. A 1.85% tax on sports wagering deal with would replace the current 20% tax on gross profits.


April 19, 2023: Tennessee sportsbooks take in $392.6 million in sports betting bets in March - a 20% bump from the state's February deal with.

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March 1, 2023: Fanatics receives 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 wagering deal with fell in January by almost 7%.


Feb. 15, 2023: The sports betting Wagering Advisory Council (SWAC) approximates that Tennessee missed out on out on about $11 million in tax revenue in 2022 since multiple operators - consisting of Caesars, DraftKings, and BetMGM - failed to hit the state's 10% hold guideline.


Feb. 13, 2023: ZenSports, recently obtained by KeyStar Corp, could end up being Tennessee's 14th legal wagering site if its application is authorized.


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


Dec. 15, 2022: November betting translates to a brand-new Tennessee sportsbook betting record, as betting 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 handle of $405.3 million.


Oct. 24, 2022: Tennessee's sports betting regulator approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.


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


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


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


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


March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes three brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 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 wagering in Tennessee. A launch date is not revealed.


Jan. 24, 2022: Wagr became the first peer-to-peer betting platform to get a license in the U.S. and is the ninth lawfully certified sportsbook operator in Tennessee.

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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 Wagering Advisory Council (SWAC) will presume sports betting 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 wagering handle throughout the first 12 months.


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


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


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

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


August 2021: Caesars obtains William Hill, and consequently, the William Hill app is replaced 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 market.


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


April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) authorizes finalized policies, consisting of a 10% hold mandate for all operators. All operators are subsequently permitted to begin requesting licenses.


Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council begins developing the initial draft of Tennessee sports wagering regulations.


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


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


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


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