1 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 become law without his signature. Gov. Lee emphatically opposed gaming but understood that legal online sports wagering was in his state’s best interest.

Review this timeline of Tennessee’s sports betting history for a summary of its turning points:

Dec. 12, 2024: Tennessee makes a record-breaking $591 million handle 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 previously sent out 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.

Sept. 19, 2024: Tennessee Titans’ Nicholas Petit-Frere joins a sports wagering company as a fantasy professional after being suspended for previously.

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

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

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

July 12, 2024: Tennessee’s SWAC releases June sports betting 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 handle continues to fall in January, bringing in $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 three other U.S. states - PrizePicks Arena.

Jan. 17, 2024: Tennessee’s sports betting deal with 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, introducing in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET prepares to introduce on Nov. 14, 2023, with online sports betting going reside in 17 U.S. states, including Tennessee.
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Aug. 11, 2023: WynnBET Tennessee announces the closure of its online sports betting operation as soon as possible.

June 28, 2023: Tennessee will quickly tax sportsbooks based on their betting deal with instead 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 authorizes changes to Tennessee’s sports betting tax rule.

May 1, 2023: Fanatics Sportsbook releases 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 clients will get an unique code to access the app.

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

April 21, 2023: The House approves 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 betting wagering manage would replace the present 20% tax on gross earnings.

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

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 showing in December, Tennessee’s sports betting manage fell in January by nearly 7%.

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

Feb. 13, 2023: ZenSports, just recently acquired by KeyStar Corp, might become Tennessee’s 14th legal betting website if its application is approved.

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

Dec. 15, 2022: November betting translates to a brand-new Tennessee sportsbook wagering record, as wagering sites dealt with $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 betting regulator authorizes license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

Oct. 18, 2022: Tennessee sports betting in September saw a huge increase compared to August, as online sportsbooks produced 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 becomes the third state to introduce 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, ends up being the main sports wagering partner of the MLS’ Nashville FC.

March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) approves three brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 licensed sportsbooks.

Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting handle for January.

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

Jan. 24, 2022: Wagr became the 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 produced by Tennessee-licensed sportsbooks continue, with near to $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 presume sports betting regulative duties in January following a handoff from TELC.

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

October 2021: The Volunteer State taped its largest-ever monthly manage in September