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 impact as Gov. Bill Lee agreed to enable the bill to become law without his signature. Gov.

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On July 1, 2019, the Tennessee sports betting Gaming Act entered effect as Gov. Bill Lee consented to enable the expense to become law without his signature. Gov. Lee emphatically opposed gambling but understood that legal online sports betting remained in his state's finest interest.

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


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


Nov. 14, 2024: Tennessee sports betting 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 cease-and-desist letters to the online sportsbook's Curacao address.

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Oct. 18, 2024: Bally Bet officially 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 company as a dream professional after being suspended for sports gambling formerly.


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 properly picking the outcome of four 2024 T-Mobile Crowning achievement Derby matchups.


July 22, 2024: SuperBook Sports pulls out of eight post-PASPA states, consisting of Tennessee.


July 12, 2024: Tennessee's SWAC releases June sports wagering numbers. With a $344.8 million handle, TN sportsbooks see a 49% boost 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 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 decrease.

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


Jan. 17, 2024: Tennessee's sports wagering deal with drops 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 prepares to release on Nov. 14, 2023, with online sports betting wagering going reside in 17 U.S. states, consisting of Tennessee.


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


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


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


April 27, 2023: Fanatics prepares to release its sports wagering 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 established in Nashville, TN.


April 21, 2023: Your house authorizes HB 1362, a modified variation 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 wagering operators on their overall deal with. A 1.85% tax on sports wagering deal with would change the existing 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 deal with.


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


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 betting Wagering Advisory Council (SWAC) approximates that Tennessee missed out on out on about $11 million in tax profits in 2022 since numerous operators - including Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold rule.


Feb. 13, 2023: ZenSports, just recently acquired by KeyStar Corp, could become Tennessee's 14th legal wagering 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 wagering equates to a new Tennessee sportsbook wagering record, as betting sites 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 betting regulator authorizes license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

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


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


Aug. 16, 2022: Tennessee becomes the 3rd state to introduce 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, 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 be up to 13 certified 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 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 betting platform to receive a license in the U.S. and is the ninth legally licensed sportsbook operator in Tennessee.


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


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


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


Nov. 17, 2021: Tennessee becomes the fifth-fastest state to exceed $2 billion in bets, signing up $2.335 billion in sports wagering manage during 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 striking the $2 billion mark for 2021.


Oct. 21, 2021: Bally becomes a sports wagering partner of the Nashville Predators.


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


September 2021: Barstool Sportsbook and Wagr, a social sports betting app, receive sports betting running 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.


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


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


April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) approves finalized policies, consisting of a 10% hold required for all operators. All operators are consequently allowed to start using for 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 regulations.


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


May 2019: Gov. Bill Lee allows the bill 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 introduces a bipartisan costs to legislate Tennessee sports betting.

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