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 effect as Gov. Bill Lee consented to allow the bill to end up being law without his signature. Gov.

On July 1, 2019, the Tennessee Sports Gaming Act entered effect as Gov. Bill Lee consented to permit the costs to end up being law without his signature. Gov. Lee vehemently opposed gambling however understood that legal online sports wagering was in his state's benefit.

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Review this timeline of Tennessee's sports gambling history for an overview of its milestones:

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


Nov. 14, 2024: Tennessee sports gamblers 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 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 signs up with a sports wagering business as a dream specialist after being suspended for sports betting previously.


Sept. 12, 2024: Tennessee increases its sports wagering handle and revenue 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 below $400 million in February - an 18.6% month-over-month reduction.


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


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 betting handle 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 release on Nov. 14, 2023, with online sports betting going reside in 17 U.S. states, consisting of Tennessee.


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


June 28, 2023: Tennessee will soon tax sportsbooks based on their wagering deal with instead of their earnings.


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 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 a special 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, a changed version 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 total handle. A 1.85% tax on sports betting deal with would replace the current 20% tax on gross revenue.


April 19, 2023: Tennessee sportsbooks take in $392.6 million in sports betting bets in March - a 20% bump from the state's February handle.


March 1, 2023: Fanatics gets 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 nearly 7%.


Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates that Tennessee lost out on about $11 million in tax income in 2022 due to the fact that multiple operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold rule.


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


Dec. 19, 2022: BetMGM is named an official sports wagering partner of the Nashville Predators. The multi-year partnership consists of a BetMGM-branded dining establishment and signage at Bridgestone Arena.


Dec. 15, 2022: November betting translates to a brand-new Tennessee sportsbook betting record, as wagering 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 betting regulator authorizes license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

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Oct. 18, 2022: Tennessee sports wagering in September saw a huge boost compared to August, as online sportsbooks produced more than $336.9 million in bets.


Sept. 6, 2022: Hard Rock Sportsbook releases in the state, becoming TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee ends up being the third state to release 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 betting partner of the MLS' Nashville FC.


March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes three 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 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 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 produced by Tennessee-licensed sportsbooks continue, with close to $40 million in November.


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


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


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


October 2021: The Volunteer State taped its largest-ever regular monthly manage in September; Tennessee sits $40 million shy of striking 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, get sports betting operating licenses from the Tennessee Education Lottery.


August 2021: Caesars obtains William Hill, and consequently, 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.

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Nov. 1, 2020: The very first online Tennessee sportsbooks go live, kicking off the state's legal online sports betting market.


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, consisting of a 10% hold mandate for all operators. All operators are consequently allowed to start using for licenses.


Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council starts devising the first draft of Tennessee sports wagering guidelines.


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


May 2019: Gov. Bill Lee allows the costs to become law without his signature. Despite being morally opposed to betting in Tennessee, Lee believes legalizing sports betting is in the state's benefit.


Nov. 2018: Rep. Rick Staples presents a bipartisan costs to legalize Tennessee sports wagering.

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