Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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

On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee accepted permit the costs to become law without his signature. Gov. Lee vehemently opposed gaming but comprehended that legal online sports betting was in his state's best interest.


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 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 signs up with a sports betting company as a dream expert after being suspended for sports betting formerly.


Sept. 12, 2024: Tennessee increases its sports wagering 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 choosing the outcome of 4 2024 T-Mobile Home Run Derby matchups.


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


July 12, 2024: Tennessee's SWAC releases June sports betting numbers. With a $344.8 million deal with, TN sportsbooks see a 49% boost 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 reduction.


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 adds a brand-new peer-to-peer video game in Tennessee and 3 other U.S. states - PrizePicks Arena.

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Jan. 17, 2024: Tennessee's sports betting manage drops 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, releasing in Tennessee and 16 other states.


Nov. 2, 2023: ESPN BET plans to release 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 betting operation as quickly as possible.


June 28, 2023: Tennessee will quickly tax sportsbooks based upon their wagering deal with rather of their profits.


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 wagering tax rule.


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


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


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


April 21, 2023: Your home approves HB 1362, a changed version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the very first state to tax sports wagering operators on their overall manage. A 1.85% tax on sports wagering manage would replace the present 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 wagering license in Tennessee. However, it has no particular launch date prepared.


Feb. 24, 2023: Following a strong proving in December, Tennessee's sports wagering manage fell in January by nearly 7%.

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


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


Dec. 19, 2022: BetMGM is named an official sports betting partner of the Nashville Predators. The multi-year partnership 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 betting sites handled $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 approves 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 created 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 ends up being the 3rd state to release a Betly online sportsbook.


Aug. 3, 2022: Caesars Sportsbook becomes a main sports betting partner of the Memphis Grizzlies.


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


April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the official sports betting 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 depend on 13 certified sportsbooks.


Feb. 17, 2022: Tennessee signs up an all-time single-month record of $386 million in sports wagering deal with for January.


Feb. 10, 2022: Fubo is authorized as the 10th sportsbook for online wagering in Tennessee. A launch date is not announced.


Jan. 24, 2022: Wagr ended up being the 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 earnings produced by Tennessee-licensed sportsbooks continue, with close to $40 million in November.


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


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


Nov. 17, 2021: Tennessee ends up being the fifth-fastest state to exceed $2 billion in bets, signing up $2.335 billion in sports betting deal with 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.

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Oct. 21, 2021: Bally ends up being a sports 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, get sports betting running licenses from the Tennessee Education Lottery.


August 2021: Caesars gets William Hill, and consequently, the William Hill app is changed 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.

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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) approves completed regulations, including a 10% hold required for all operators. All operators are subsequently permitted to start getting licenses.


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


July 2019: The Tennessee Sports Gaming Act formally ends up being sports wagering law.

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May 2019: Gov. Bill Lee allows the bill to end up being law without his signature. Despite being ethically opposed to betting in Tennessee, Lee thinks legalizing sports betting remains in the state's best interest.


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

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