Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee agreed to permit the costs to end up being law without his signature. Gov.

On July 1, 2019, the Tennessee Sports Gaming Act came into result as Gov. Bill Lee consented to enable the bill to become law without his signature. Gov. Lee emphatically opposed gambling but comprehended that legal online sports betting remained in his state's benefit.

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Review this timeline of Tennessee's sports gambling history for an introduction 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 bettors 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 previously 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 betting company as a dream professional after being suspended for sports betting formerly.


Sept. 12, 2024: Tennessee increases its sports betting 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 choosing the outcome of four 2024 T-Mobile Crowning achievement Derby matchups.


July 22, 2024: SuperBook Sports takes out of eight post-PASPA states, including 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 wagering deal with falls listed below $400 million in February - an 18.6% month-over-month decline.


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 decline.


Jan. 25, 2024: PrizePicks includes 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 live with online and mobile sports betting, releasing in Tennessee and 16 other states.


Nov. 2, 2023: ESPN BET prepares to introduce on Nov. 14, 2023, with online sports betting going live 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 quickly tax sportsbooks based upon their wagering manage instead of their income.

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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 modifications to Tennessee's sports betting tax guideline.


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


April 27, 2023: Fanatics prepares to release its sports betting app in Tennessee on Monday, May 1. Current Fanatics consumers will get an unique 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 approves HB 1362, a modified variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the first state to tax sports betting operators on their overall manage. A 1.85% tax on sports betting deal with would replace the present 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 wagering license in Tennessee. However, it has no particular launch date prepared.


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


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


Feb. 13, 2023: ZenSports, recently gotten by KeyStar Corp, could become Tennessee's 14th legal wagering website if its application is authorized.


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 new Tennessee sportsbook betting record, as wagering websites managed $439.5 million in wagers.


Nov. 11, 2022: Tennessee sports wagering strikes a record high in October, as the state records an all-time manage 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 wagering 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 launches 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.


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, ends up being the main sports betting 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 registers an all-time single-month record of $386 million in sports wagering 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 ended up being the very 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 generated by Tennessee-licensed sportsbooks continue, with close to $40 million in November.


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


Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will presume sports betting regulatory tasks 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 deal with during the first 12 months.


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 launches 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 obtains 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, beginning the state's legal online sports betting 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 guidelines, including a 10% hold required for all operators. All operators are subsequently permitted to start requesting licenses.


Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council begins creating the initial draft of Tennessee sports betting policies.


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

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May 2019: Gov. Bill Lee allows the bill to become law without his signature. Despite being morally opposed to gambling in Tennessee, Lee believes legislating sports wagering remains in the state's best interest.


Nov. 2018: Rep. Rick Staples introduces a bipartisan expense to legalize Tennessee sports betting.

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