Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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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 become law without his signature. Gov.

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On July 1, 2019, the Tennessee Sports Gaming Act came into result as Gov. Bill Lee agreed to enable the expense to become law without his signature. Gov. Lee emphatically opposed gaming but understood that legal online sports wagering was in his state's finest interest.


Review this timeline of Tennessee's sports gambling history for a summary of its turning points:

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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 wager 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 previously sent out cease-and-desist letters to the online sportsbook's Curacao address.


Oct. 18, 2024: Bally Bet formally goes live in Tennessee, making it the 12th online operator in the state.


Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere joins a sports betting company as a fantasy expert after being suspended for sports betting formerly.


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


July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after properly choosing the result of 4 2024 T-Mobile Home Run Derby matchups.


July 22, 2024: SuperBook Sports takes 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 handle, TN sportsbooks see a 49% boost in year-over-year action.


March 12, 2024: Tennessee's sports betting wagering manage falls listed below $400 million in February - an 18.6% month-over-month decrease.


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


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 wagering handle drops listed below $500 million in December, which is a 4.2% drop from November.


Nov. 14, 2023: ESPN BET goes cope with online and mobile sports betting, introducing in Tennessee and 16 other states.


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


Aug. 11, 2023: WynnBET Tennessee announces the closure of its online sports betting wagering operation as quickly as possible.


June 28, 2023: Tennessee will quickly tax sportsbooks based upon their betting handle 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 approves 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 prepares to introduce its sports wagering app in Tennessee on Monday, May 1. Current Fanatics customers will receive a special 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 home authorizes HB 1362, an amended version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the very first state to tax sports betting operators on their overall handle. A 1.85% tax on sports betting deal with would replace the present 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 wagering license in Tennessee. However, it has no specific launch date prepared.


Feb. 24, 2023: Following a strong proving in December, Tennessee's sports wagering deal with fell in January by nearly 7%.


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


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


Dec. 19, 2022: BetMGM is called a main 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 wagering equates to a brand-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 introduces in the state, becoming TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee ends up being the 3rd state to introduce a Betly online sportsbook.


Aug. 3, 2022: Caesars Sportsbook becomes an official 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) authorizes 3 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 wagering deal with 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 very first peer-to-peer betting platform to receive a license in the U.S. and is the ninth lawfully licensed sportsbook operator in Tennessee.


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


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


Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports betting regulatory responsibilities 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 betting wagering deal with throughout the very first 12 months.


October 2021: The Volunteer State tape-recorded its largest-ever month-to-month handle in September; Tennessee sits $40 million shy of hitting the $2 billion mark for 2021.


Oct. 21, 2021: Bally ends up being a sports wagering partner of the Nashville Predators.


Sept. 8, 2021: Barstool Sportsbook releases in Tennessee.


September 2021: Barstool Sportsbook and Wagr, a social sports betting app, get sports wagering 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 very first online Tennessee sportsbooks go live, starting the state's legal online sports betting industry.


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


April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) authorizes finalized regulations, including a 10% hold required for all operators. All operators are consequently permitted to start requesting licenses.


Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee legislators. The council begins devising the initial draft of Tennessee sports betting wagering guidelines.


July 2019: The Tennessee sports betting Gaming Act formally ends up being sports betting law.


May 2019: Gov. Bill Lee allows the costs to become law without his signature. Despite being ethically opposed to betting in Tennessee, Lee believes legalizing sports wagering remains in the state's best interest.


Nov. 2018: Rep. Rick Staples introduces a bipartisan costs to legislate Tennessee sports betting.

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