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On July 1, 2019, the Tennessee Sports Gaming Act entered into result as Gov. Bill Lee consented to allow the expense to end up being law without his signature. Gov. Lee emphatically opposed gaming but understood that legal online sports betting was in his state's benefit.
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Review this timeline of Tennessee's sports betting history for an overview 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 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 formerly 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 signs up with a sports wagering company as a dream expert after being suspended for sports betting previously.

Sept. 12, 2024: Tennessee increases its sports betting handle 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 result of four 2024 T-Mobile Home Run Derby matchups.

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

July 12, 2024: Tennessee's SWAC releases June sports wagering 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 betting deal with continues to fall in January, generating $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 handle 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, releasing in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET prepares to release 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 wagering operation as soon as possible.

June 28, 2023: Tennessee will soon tax sportsbooks based on their wagering deal with rather of their revenue.

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 launch its sports wagering app in Tennessee on Monday, May 1. Current Fanatics customers will get an unique 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 approves HB 1362, a changed variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the first state to tax sports wagering operators on their total handle. A 1.85% tax on sports wagering manage would change the current 20% tax on gross profits.

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 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 deal with fell in January by nearly 7%.

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

Feb. 13, 2023: ZenSports, just recently obtained 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 wagering partner of the Nashville Predators. The multi-year partnership consists of a BetMGM-branded restaurant and signage at Bridgestone Arena.

Dec. 15, 2022: November betting equates to a brand-new Tennessee sportsbook betting record, as betting websites dealt with $439.5 million in wagers.
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Nov. 11, 2022: Tennessee sports wagering 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 authorizes license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

Oct. 18, 2022: Tennessee sports betting in September saw a big increase compared to August, as online sportsbooks generated more than $336.9 million in bets.

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

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

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

April 27, 2022: SuperBook launches 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 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 approved as the 10th sportsbook for online betting in Tennessee. A launch date is not revealed.

Jan. 24, 2022: Wagr became the 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 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 betting Wagering Advisory Council (SWAC) will assume sports betting wagering regulatory duties in January following a handoff from TELC.

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

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