On July 1, 2019, the Tennessee Sports Gaming Act entered into effect as Gov. Bill Lee accepted allow the expense to become law without his signature. Gov. Lee emphatically opposed gambling however understood that legal online sports wagering was in his state's benefit.
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Review this timeline of Tennessee's sports betting history for a summary of its milestones:

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 wagerers bet 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 actually previously 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 wagering business as a dream professional after being suspended for sports betting previously.

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

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

July 22, 2024: SuperBook sports betting pulls out of eight post-PASPA states, consisting of 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 betting manage falls listed below $400 million in February - an 18.6% month-over-month reduction.

Feb. 24, 2024: Tennessee's sports wagering deal with continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM decline.

Jan. 25, 2024: PrizePicks adds a brand-new peer-to-peer video game in Tennessee and 3 other U.S. states - PrizePicks Arena.

Jan. 17, 2024: Tennessee's sports betting wagering deal with drops listed 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 wagering, 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, consisting of Tennessee.
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Aug. 11, 2023: WynnBET Tennessee announces the closure of its online sports wagering operation as quickly as possible.
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June 28, 2023: Tennessee will quickly tax sportsbooks based upon their wagering 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 authorizes modifications to Tennessee's sports wagering tax rule.

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

April 27, 2023: Fanatics prepares to release its sports wagering app in Tennessee on Monday, May 1. Current Fanatics clients will receive 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: Your home approves HB 1362, an amended version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the very first state to tax sports betting wagering operators on their overall handle. A 1.85% tax on sports betting manage would change the existing 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 gets its wagering license in Tennessee. However, it has no particular launch date prepared.

Feb. 24, 2023: Following a strong showing in December, Tennessee's sports betting wagering deal with fell in January by almost 7%.
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Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee lost out on about $11 million in tax revenue in 2022 since several operators - including Caesars, DraftKings, and BetMGM - failed to hit the state's 10% hold rule.

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

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

Dec. 15, 2022: November wagering equates to a brand-new Tennessee sportsbook betting 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 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 wagering 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 introduces in the state, becoming TN's 11th active sportsbook.

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

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

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

April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the main sports betting 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 wagering deal with 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 betting platform to get a license in the U.S. and is the ninth lawfully certified sportsbook operator in Tennessee.

Jan. 4, 2022: Record profits created by Tennessee-licensed sportsbooks continue, with near $40 million in November.

Jan. 1, 2022: SWAC takes control of the regulation of sports betting wagering from the Tennessee Education Lottery.

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

Nov. 17, 2021: Tennessee becomes the fifth-fastest state to go beyond $2 billion in bets, signing up $2.335 billion in sports betting manage during the very first 12 months.

October 2021: The Volunteer State taped its largest-ever month-to-month deal with 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 introduces in Tennessee.

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

August 2021: Caesars gets 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, starting the state's legal online sports wagering market.

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

April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) authorizes settled policies, consisting of a 10% hold required for all operators. All operators are subsequently permitted to begin making an application for licenses.

Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee lawmakers. The council begins designing the very first draft of Tennessee sports betting wagering regulations.

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

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

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