Tennessee Sports Betting: Top 4 Legal Betting Sites In 2024

On July 1, 2019, the Tennessee Sports Gaming Act entered into result as Gov. Bill Lee agreed to allow the bill to end up being law without his signature. Gov. Lee vehemently opposed gaming however comprehended that legal online sports wagering remained in his state's finest interest.
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Review this timeline of Tennessee's sports betting gambling history for a summary of its milestones:
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Dec. 12, 2024: Tennessee earns a record-breaking $591 million handle 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.
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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 live 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 specialist after being suspended for sports gambling formerly.


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


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


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


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


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


Feb. 24, 2024: Tennessee's sports betting handle continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM decrease.


Jan. 25, 2024: PrizePicks includes a new peer-to-peer video 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 deal with online and mobile sports betting, introducing in Tennessee and 16 other states.


Nov. 2, 2023: 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 quickly as possible.


June 28, 2023: Tennessee will soon tax sportsbooks based on their betting deal with rather of their earnings.
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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 betting tax guideline.


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 consumers will receive a special 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: The House authorizes HB 1362, a modified version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the very first state to tax sports betting operators on their total deal with. A 1.85% tax on sports wagering deal with would change the current 20% tax on gross income.


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


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


Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee missed out on 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 strike the state's 10% hold guideline.


Feb. 13, 2023: ZenSports, just 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 partnership consists of a BetMGM-branded dining establishment and signs at Bridgestone Arena.


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


Nov. 11, 2022: Tennessee sports 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 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 introduces in the state, becoming TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee ends up being the third state to launch a Betly online sportsbook.
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Aug. 3, 2022: Caesars Sportsbook becomes a main sports wagering 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) approves three new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 certified sportsbooks.


Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting manage 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 first peer-to-peer betting platform to get a license in the U.S. and is the ninth legally certified sportsbook operator in Tennessee.


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


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


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


Nov. 17, 2021: Tennessee becomes the fifth-fastest state to surpass $2 billion in bets, registering $2.335 billion in sports betting handle during the very first 12 months.
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October 2021: The Volunteer State tape-recorded its largest-ever month-to-month manage in September; Tennessee sits $40 million shy of striking the $2 billion mark for 2021.


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


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


September 2021: Barstool Sportsbook and Wagr, a social sports betting app, get 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 first online Tennessee sportsbooks go live, beginning the state's legal online sports betting market.
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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) approves completed guidelines, consisting of a 10% hold mandate for all operators. All operators are consequently allowed to begin obtaining licenses.


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


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


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


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