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 agreed to permit the costs to become law without his signature. Gov.

On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee concurred to enable the expense to end up being law without his signature. Gov. Lee vehemently opposed gaming however comprehended that legal online sports betting remained in his state's benefit.

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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 manage in November, surpassing the state's previous high by $47 million.


Nov. 14, 2024: Tennessee sports betting 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 betting Wagering Council (SWC) had formerly sent 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 business as a dream professional after being suspended for sports gambling previously.


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


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

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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 handle, 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 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 decline.

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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 wagering 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, launching in Tennessee and 16 other states.


Nov. 2, 2023: ESPN BET prepares to launch on Nov. 14, 2023, with online sports betting wagering going reside in 17 U.S. states, including Tennessee.


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 upon their wagering manage rather of their income.


June 13, 2023: ZenSports launches in Tennessee, making it the thirteenth mobile operator in the state.


May 18, 2023: Gov. Bill Lee approves changes to Tennessee's sports betting wagering tax guideline.


May 1, 2023: Fanatics Sportsbook launches 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 founded in Nashville, TN.


April 21, 2023: Your house authorizes HB 1362, a changed 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 overall deal with. A 1.85% tax on sports 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 deal with.


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 manage 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 revenue in 2022 due to the fact that numerous operators - including Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold rule.


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


Dec. 19, 2022: BetMGM is named a main sports betting 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 translates to a new Tennessee sportsbook wagering record, as betting websites 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 deal with 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 huge boost compared to August, as online sportsbooks created more than $336.9 million in bets.


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


Aug. 16, 2022: Tennessee ends up being the third state to launch a Betly online sportsbook.


Aug. 3, 2022: Caesars Sportsbook ends up being an official sports betting 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 official 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 depend on 13 licensed sportsbooks.


Feb. 17, 2022: Tennessee signs up 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 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 legally certified sportsbook operator in Tennessee.


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


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


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


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

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


Oct. 21, 2021: Bally ends up being 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 running licenses from the Tennessee Education Lottery.


August 2021: Caesars gets William Hill, and subsequently, the William Hill app is replaced 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, kicking off the state's legal online sports betting industry.


September 2020: TELC authorizes its first 3 sportsbook operators: DraftKings, FanDuel, and BetMGM.


April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) approves settled guidelines, including a 10% hold required for all operators. All operators are consequently allowed to begin using for licenses.


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


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


May 2019: Gov. Bill Lee enables the expense to become law without his signature. Despite being morally opposed to betting in Tennessee, Lee thinks legalizing sports wagering remains in the state's best interest.


Nov. 2018: Rep. Rick Staples presents a bipartisan expense to legislate Tennessee sports betting.

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