Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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On July 1, 2019, the Tennessee Sports Gaming Act entered result as Gov. Bill Lee concurred to allow the expense 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 permit the costs to become law without his signature. Gov. Lee vehemently opposed gambling but understood that legal online sports wagering remained in his state's finest interest.

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

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


Nov. 14, 2024: Tennessee sports bettors bet 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 actually formerly sent out 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 company as a dream professional after being suspended for sports betting previously.


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


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


July 22, 2024: SuperBook Sports takes out of eight 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% increase in year-over-year action.


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


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


Jan. 25, 2024: PrizePicks includes a 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 live with online and mobile sports betting, launching in Tennessee and 16 other states.


Nov. 2, 2023: ESPN BET prepares to introduce 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 quickly tax sportsbooks based upon their betting deal with instead 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 wagering tax rule.


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


April 27, 2023: Fanatics prepares to introduce its sports wagering app in Tennessee on Monday, May 1. Current Fanatics customers will receive a distinct code to access the app.


April 25, 2023: Yahoo acquires 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 wagering operators on their overall manage. A 1.85% tax on sports wagering handle would replace the current 20% tax on gross earnings.


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


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 proving in December, Tennessee's sports betting handle fell in January by nearly 7%.


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


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


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


Dec. 15, 2022: November betting equates to a brand-new Tennessee sportsbook wagering record, as wagering sites dealt with $439.5 million in wagers.


Nov. 11, 2022: Tennessee sports betting wagering 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 wagering regulator approves 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 created more than $336.9 million in bets.


Sept. 6, 2022: Hard 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 release a Betly online sportsbook.


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, ends up being the official sports wagering partner of the MLS' Nashville FC.


March 10, 2022: The Tennessee sports betting Wagering Advisory Council (SWAC) approves 3 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 handle 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 very first peer-to-peer wagering platform to get a license in the U.S. and is the ninth lawfully certified sportsbook operator in Tennessee.


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


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


Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports wagering regulatory responsibilities in January following a handoff from TELC.


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


October 2021: The Volunteer State tape-recorded its largest-ever monthly handle in September; Tennessee sits $40 million shy of hitting the $2 billion mark for 2021.


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


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

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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 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, starting the state's legal online sports betting industry.


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


April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) authorizes completed guidelines, including a 10% hold required for all operators. All operators are subsequently allowed to start making an application for licenses.


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


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

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May 2019: Gov. Bill Lee allows the costs to become law without his signature. Despite being morally opposed to betting in Tennessee, Lee believes legislating sports betting wagering remains in the state's best interest.


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

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