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 result as Gov. Bill Lee concurred to enable the bill to become law without his signature. Gov.

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On July 1, 2019, the Tennessee Sports Gaming Act entered into effect as Gov. Bill Lee accepted permit the costs to become law without his signature. Gov. Lee vehemently opposed gambling but understood that legal online sports betting remained in his state's benefit.


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

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Dec. 12, 2024: Tennessee earns a record-breaking $591 million deal with in November, surpassing the state's previous high by $47 million.


Nov. 14, 2024: Tennessee sports gamblers wager 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 reside in Tennessee, making it the 12th online operator in the state.


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


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


July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after correctly selecting the outcome of four 2024 T-Mobile Crowning achievement Derby matches.


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 handle, TN sportsbooks see a 49% increase in year-over-year action.


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


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


Jan. 25, 2024: PrizePicks includes a new peer-to-peer game in Tennessee and three other U.S. states - PrizePicks Arena.


Jan. 17, 2024: Tennessee's sports wagering manage drops listed 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, introducing in Tennessee and 16 other states.


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


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


June 28, 2023: Tennessee will soon tax sportsbooks based on their wagering deal with instead 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 modifications 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 betting 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 founded in Nashville, TN.


April 21, 2023: Your house 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 wagering operators on their total deal with. A 1.85% tax on sports betting manage would change the existing 20% tax on gross revenue.


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 gets its mobile sports wagering license in Tennessee. However, it has no specific launch date prepared.


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


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


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


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


Dec. 15, 2022: November betting translates to a brand-new Tennessee sportsbook betting record, as betting sites handled $439.5 million in wagers.


Nov. 11, 2022: Tennessee sports betting hits a record high in October, as the state records an all-time handle 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 boost compared to August, as online sportsbooks created 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 ends up being the 3rd state to launch a Betly online sportsbook.


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


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


April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the official sports betting partner of the MLS' Nashville FC.


March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes 3 brand-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 wagering handle for January.


Feb. 10, 2022: Fubo is authorized as the 10th sportsbook for online wagering in Tennessee. A launch date is not announced.


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 close to $40 million in November.


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


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


Nov. 17, 2021: Tennessee ends up being the fifth-fastest state to go beyond $2 billion in bets, registering $2.335 billion in sports betting handle throughout the first 12 months.


October 2021: The Volunteer State tape-recorded its largest-ever regular monthly 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 betting partner of the Nashville Predators.


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


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


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


April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) approves completed regulations, consisting of a 10% hold required for all operators. All operators are consequently permitted to start making an application for licenses.


Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee legislators. The council begins developing the very first draft of Tennessee sports betting policies.


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


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


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

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