Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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

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On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee agreed to enable the costs to become law without his signature. Gov. Lee emphatically opposed gambling but comprehended that legal online sports betting remained in his state's finest interest.


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


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 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 formerly sent 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 joins a sports betting company as a fantasy expert after being suspended for sports betting gambling formerly.


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

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July 23, 2024: A Tennessee male wins $900K at Fanatic Sportsbook after properly choosing the outcome of four 2024 T-Mobile Home Run 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 wagering numbers. With a $344.8 million deal with, 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 betting wagering manage 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 game in Tennessee and 3 other U.S. states - PrizePicks Arena.


Jan. 17, 2024: Tennessee's sports betting manage drops listed below $500 million in December, which is a 4.2% drop from November.

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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 release on Nov. 14, 2023, with online sports betting going reside in 17 U.S. states, including Tennessee.


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


June 28, 2023: Tennessee will soon tax sportsbooks based upon their betting handle instead 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 approves modifications to Tennessee's sports betting wagering tax rule.

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


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


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


April 21, 2023: The House authorizes HB 1362, an amended variation 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 total deal with. A 1.85% tax on sports wagering deal with would change the present 20% tax on gross income.


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 receives its mobile sports betting license in Tennessee. However, it has no particular launch date prepared.


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

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


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


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


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


Nov. 11, 2022: Tennessee sports betting hits a record high in October, as the state records an all-time manage 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 wagering in September saw a huge increase compared to August, as online sportsbooks created more than $336.9 million in bets.


Sept. 6, 2022: Acid rock Sportsbook introduces in the state, ending up being TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee becomes the 3rd state to introduce a Betly online sportsbook.

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Aug. 3, 2022: Caesars Sportsbook ends up being an official sports wagering partner of the Memphis Grizzlies.

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


April 14, 2022: Wagr, a Tennessee-based sportsbook, ends up being the main sports wagering partner of the MLS' Nashville FC.


March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes 3 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 registers an all-time single-month record of $386 million in sports wagering deal with for January.


Feb. 10, 2022: Fubo is approved as the 10th sportsbook for online wagering 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 certified sportsbook operator in Tennessee.


Jan. 4, 2022: Record earnings produced 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 betting wagering regulatory tasks in January following a handoff from TELC.


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


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


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 wagering app, receive sports wagering running licenses from the Tennessee Education Lottery.


August 2021: Caesars acquires 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 very first online Tennessee sportsbooks go live, beginning the state's legal online sports wagering industry.


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


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


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


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


May 2019: Gov. Bill Lee permits the costs to become law without his signature. Despite being ethically opposed to betting in Tennessee, Lee believes legalizing sports betting is in the state's benefit.


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

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