Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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

On July 1, 2019, the Tennessee sports betting Gaming Act entered effect as Gov. Bill Lee agreed to enable the costs to become law without his signature. Gov. Lee vehemently opposed gambling but understood that legal online sports betting wagering remained in his state's benefit.


Review this timeline of Tennessee's sports gambling history for an introduction of its turning points:


Dec. 12, 2024: Tennessee makes a record-breaking $591 million deal with in November, exceeding 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 formerly sent cease-and-desist letters to the online sportsbook's Curacao address.


Oct. 18, 2024: Bally Bet officially 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 joins a sports wagering business as a fantasy professional after being suspended for sports betting formerly.


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


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


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


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


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


Feb. 24, 2024: Tennessee's sports wagering manage 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 brand-new peer-to-peer game in Tennessee and 3 other U.S. states - PrizePicks Arena.


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 cope with online and mobile sports betting, introducing 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 reveals the closure of its online sports betting operation as soon as possible.


June 28, 2023: Tennessee will soon tax sportsbooks based upon their wagering manage rather 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 approves modifications to Tennessee's sports wagering tax guideline.


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


April 27, 2023: Fanatics plans to launch its sports wagering app in Tennessee on Monday, May 1. Current Fanatics clients will get a special code to access the app.


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


April 21, 2023: Your house approves HB 1362, an amended version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the first state to tax sports betting operators on their overall deal with. A 1.85% tax on sports wagering handle would replace the existing 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 manage.


March 1, 2023: Fanatics gets its mobile sports betting wagering license in Tennessee. However, it has no specific launch date planned.


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

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Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates that Tennessee lost out on about $11 million in tax earnings in 2022 because multiple operators - including Caesars, DraftKings, and BetMGM - failed to hit the state's 10% hold rule.


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


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


Dec. 15, 2022: November betting equates to a brand-new Tennessee sportsbook wagering record, as betting sites 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 betting 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 created more than $336.9 million in bets.

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Sept. 6, 2022: Hard Rock Sportsbook launches in the state, ending up being TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee ends up being the third state to release a Betly online sportsbook.


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


April 27, 2022: SuperBook introduces 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) 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 legally certified sportsbook operator in Tennessee.


Jan. 4, 2022: Record revenues created by Tennessee-licensed sportsbooks continue, with near $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 Wagering Advisory Council (SWAC) will assume sports 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 wagering 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 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.


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


August 2021: Caesars gets William Hill, and subsequently, 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, starting the state's legal online sports betting industry.


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) approves settled regulations, consisting of a 10% hold required for all operators. All operators are subsequently allowed to begin requesting licenses.


Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee legislators. The council begins designing the initial draft of Tennessee sports betting wagering guidelines.


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


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


Nov. 2018: Rep. Rick Staples presents a bipartisan expense to legalize Tennessee sports betting.

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