On July 1, 2019, the Tennessee sports betting Gaming Act came into impact as Gov. Bill Lee consented to allow the expense to become law without his signature. Gov. Lee vehemently opposed gaming however comprehended that legal online sports betting remained in his state's finest interest.

Review this timeline of Tennessee's sports betting history for an introduction of its turning points:

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

Nov. 14, 2024: Tennessee sports 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 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 company as a dream expert after being suspended for sports gambling formerly.

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

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

July 22, 2024: SuperBook sports betting takes out of eight post-PASPA states, including Tennessee.

July 12, 2024: Tennessee's SWAC releases June sports wagering numbers. With a $344.8 million deal with, 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, bringing in $467.4 million in wagers, which is a 5.5% MoM reduction.

Jan. 25, 2024: PrizePicks adds a new peer-to-peer video game in Tennessee and 3 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 live with online and mobile sports wagering, introducing in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET plans to launch on Nov. 14, 2023, with online sports betting going live 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 upon their wagering 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 modifications to Tennessee's sports wagering tax guideline.

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 consumers will get an unique code to access the app.

April 25, 2023: Yahoo acquires Wagr, a social peer-to-peer sportsbook app established in Nashville, TN.

April 21, 2023: Your house authorizes HB 1362, an amended variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the first state to tax sports betting operators on their overall handle. A 1.85% tax on sports betting deal with would change the current 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 manage.

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 showing in December, Tennessee's sports wagering manage fell in January by almost 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 - consisting of Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold guideline.

Feb. 13, 2023: ZenSports, just recently gotten by KeyStar Corp, could end up being Tennessee's 14th legal betting site if its application is authorized.

Dec. 19, 2022: BetMGM is named a main sports betting partner of the Nashville Predators. The multi-year partnership includes a BetMGM-branded restaurant and signage at Bridgestone Arena.

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

Nov. 11, 2022: Tennessee sports wagering 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 generated more than $336.9 million in bets.

Sept. 6, 2022: Hard Rock Sportsbook launches 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 ends up being an official sports wagering partner of the Memphis Grizzlies.

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

April 14, 2022: Wagr, a Tennessee-based sportsbook, ends up being the main sports betting wagering partner of the MLS' Nashville FC.

March 10, 2022: The Tennessee sports betting Wagering Advisory Council (SWAC) authorizes 3 new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 licensed sportsbooks.

Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting deal with 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 ended up being the first peer-to-peer betting platform to receive a license in the U.S. and is the ninth legally certified sportsbook operator in Tennessee.

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

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

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

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

October 2021: The Volunteer State taped its largest-ever monthly manage 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 wagering app, receive sports betting operating licenses from the Tennessee Education Lottery.

August 2021: Caesars acquires William Hill, and subsequently, 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, beginning the state's legal online sports betting market.

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 allowed to start getting licenses.

Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee legislators. The council begins creating the very first draft of Tennessee sports betting regulations.

July 2019: The Tennessee Sports Gaming Act officially ends up being sports wagering law.

May 2019: Gov. Bill Lee allows the costs to end up being law without his signature. Despite being morally opposed to gambling in Tennessee, Lee thinks legalizing sports betting is in the state's best interest.

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

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