On July 1, 2019, the Tennessee Sports Gaming Act entered into impact as Gov. Bill Lee concurred to permit the bill to end up being law without his signature. Gov. Lee emphatically opposed gaming but understood that legal online sports betting was 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 makes a record-breaking $591 million manage in November, exceeding the state's previous high by $47 million.

Nov. 14, 2024: Tennessee sports betting 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.
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Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere joins a sports wagering company as a fantasy specialist after being suspended for sports gambling previously.

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

July 23, 2024: A Tennessee male wins $900K at Fanatic Sportsbook after correctly picking the outcome of four 2024 T-Mobile Home Run 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 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 betting manage falls listed below $400 million in February - an 18.6% month-over-month reduction.

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 decline.
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Jan. 25, 2024: PrizePicks includes a new peer-to-peer video game in Tennessee and 3 other U.S. states - PrizePicks Arena.

Jan. 17, 2024: Tennessee's sports betting deal with drops 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, launching in Tennessee and 16 other states.

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

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

June 28, 2023: Tennessee will quickly tax sportsbooks based upon their wagering handle 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 authorizes changes to Tennessee's sports wagering tax guideline.

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

April 27, 2023: Fanatics plans to release its sports betting app in Tennessee on Monday, May 1. Current Fanatics customers will receive a distinct 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: The House authorizes HB 1362, a changed variation 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 handle. A 1.85% tax on sports betting handle would replace the current 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 handle.

March 1, 2023: Fanatics gets its mobile sports betting license in Tennessee. However, it has no particular launch date planned.

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) approximates that Tennessee lost out on about $11 million in tax revenue in 2022 since multiple operators - consisting of Caesars, DraftKings, and BetMGM - failed to hit the state's 10% hold rule.

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

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

Dec. 15, 2022: November betting equates to a new Tennessee sportsbook wagering record, as wagering websites handled $439.5 million in wagers.

Nov. 11, 2022: Tennessee sports betting 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 created more than $336.9 million in bets.

Sept. 6, 2022: Hard Rock Sportsbook introduces in the state, ending up being TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee becomes the 3rd state to launch a Betly online sportsbook.

Aug. 3, 2022: Caesars Sportsbook ends up being a main sports betting 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 wagering partner of the MLS' Nashville FC.

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

Feb. 10, 2022: Fubo is authorized 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 wagering platform to receive a license in the U.S. and is the ninth legally licensed sportsbook operator in Tennessee.
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Jan. 4, 2022: Record earnings created by Tennessee-licensed sportsbooks continue, with close to $40 million in November.

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

Dec. 17, 2021: The sports betting Wagering Advisory Council (SWAC) will assume sports betting regulative 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 wagering manage during the very first 12 months.

October 2021: The Volunteer State 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 betting partner of the Nashville Predators.

Sept. 8, 2021: Barstool Sportsbook launches 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 obtains William Hill, and subsequently, the William Hill app is replaced by the Caesars Sportsbook app in Tennessee.

April 30, 2021: 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, kicking off the state's legal online sports betting market.

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

April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) authorizes settled policies, including a 10% hold mandate for all operators. All operators are consequently allowed to start getting licenses.

Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee lawmakers. The council starts devising the initial draft of Tennessee sports betting wagering policies.

July 2019: The Tennessee Sports Gaming Act officially 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 gambling in Tennessee, Lee believes legalizing sports wagering remains in the state's benefit.

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