Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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

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


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

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Dec. 12, 2024: Tennessee earns a record-breaking $591 million manage in November, going beyond 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 formerly sent cease-and-desist letters to the online sportsbook's Curacao address.


Oct. 18, 2024: Bally Bet formally 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 business as a fantasy specialist after being suspended for sports betting formerly.

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


July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after correctly picking the outcome of four 2024 T-Mobile Crowning achievement Derby matches.


July 22, 2024: SuperBook Sports pulls 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.

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


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


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 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, releasing in Tennessee and 16 other states.


Nov. 2, 2023: ESPN BET prepares to release on Nov. 14, 2023, with online sports betting going reside in 17 U.S. states, consisting of Tennessee.


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


June 28, 2023: Tennessee will quickly tax sportsbooks based upon their betting handle 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 wagering tax rule.


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


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


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


April 21, 2023: The House approves HB 1362, a changed version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the very first state to tax sports wagering operators on their overall manage. A 1.85% tax on sports wagering handle would change the current 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 prepared.


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


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


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


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


Dec. 15, 2022: November wagering translates to a new Tennessee sportsbook wagering record, as wagering sites managed $439.5 million in wagers.


Nov. 11, 2022: Tennessee sports betting strikes a record high in October, as the state records an all-time handle 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 huge boost compared to August, as online sportsbooks generated more than $336.9 million in bets.


Sept. 6, 2022: Acid rock Sportsbook releases 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 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 wagering partner of the MLS' Nashville FC.


March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) approves 3 brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 licensed sportsbooks.


Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting handle for January.


Feb. 10, 2022: Fubo is approved as the 10th sportsbook for online betting in Tennessee. A launch date is not revealed.


Jan. 24, 2022: Wagr ended up being the first peer-to-peer betting platform to receive a license in the U.S. and is the ninth lawfully licensed sportsbook operator in Tennessee.


Jan. 4, 2022: Record profits created 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 assume sports betting regulatory duties in January following a handoff from TELC.


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


October 2021: The Volunteer State tape-recorded its largest-ever regular monthly handle in September; Tennessee sits $40 million shy of striking 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 launches in Tennessee.


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


August 2021: Caesars acquires William Hill, and consequently, 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 very first online Tennessee sportsbooks go live, kicking off the state's legal online sports betting market.


September 2020: TELC approves its first 3 sportsbook operators: DraftKings, FanDuel, and BetMGM.


April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) authorizes finalized regulations, consisting of a 10% hold required for all operators. All operators are consequently permitted to begin looking for licenses.


Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee lawmakers. The council starts creating the first draft of Tennessee sports betting regulations.


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

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May 2019: Gov. Bill Lee permits the bill to become law without his signature. Despite being morally opposed to betting in Tennessee, Lee thinks legalizing sports wagering remains in the state's finest interest.


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

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