Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

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On July 1, 2019, the Tennessee Sports Gaming Act entered effect as Gov. Bill Lee agreed to permit the costs to become law without his signature. Gov.

On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee agreed to enable the expense to end up being law without his signature. Gov. Lee emphatically opposed gambling however 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 milestones:


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


Nov. 14, 2024: Tennessee sports betting wagerers 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 previously 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 joins a sports betting business as a dream expert after being suspended for sports gambling previously.


Sept. 12, 2024: Tennessee increases its sports betting 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 4 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 betting wagering numbers. With a $344.8 million handle, TN sportsbooks see a 49% increase in year-over-year action.


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


Feb. 24, 2024: Tennessee's sports betting 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 brand-new peer-to-peer video game in Tennessee and three 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 live 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 wagering 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 quickly as possible.


June 28, 2023: Tennessee will quickly tax sportsbooks based on their wagering handle rather of their profits.


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 rule.


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


April 27, 2023: Fanatics prepares to release its sports betting app in Tennessee on Monday, May 1. Current Fanatics clients will get 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: The House approves HB 1362, a modified version 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 total handle. A 1.85% tax on sports betting manage would replace the current 20% tax on gross earnings.


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 receives its mobile sports wagering license in Tennessee. However, it has no particular launch date planned.


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


Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee lost out on about $11 million in tax income in 2022 because several operators - consisting of Caesars, DraftKings, and BetMGM - stopped working 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 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 dining establishment and signage at Bridgestone Arena.


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


Nov. 11, 2022: Tennessee sports wagering 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 approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.


Oct. 18, 2022: Tennessee sports betting wagering in September saw a big increase compared to August, as online sportsbooks generated 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 becomes the 3rd state to launch a Betly online sportsbook.

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Aug. 3, 2022: Caesars Sportsbook becomes a main sports betting partner of the Memphis Grizzlies.


April 27, 2022: SuperBook launches 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.

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March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) approves 3 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 handle for January.


Feb. 10, 2022: Fubo is approved as the 10th sportsbook for online betting in Tennessee. A launch date is not revealed.


Jan. 24, 2022: Wagr ended up being the first peer-to-peer betting platform to get a license in the U.S. and is the ninth lawfully certified sportsbook operator in Tennessee.


Jan. 4, 2022: Record earnings produced by Tennessee-licensed sportsbooks continue, with near 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 Wagering Advisory Council (SWAC) will presume sports wagering regulative 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 wagering manage throughout the first 12 months.


October 2021: The Volunteer State taped 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 wagering app, get sports betting running 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, 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 modifications, the Tennessee Education Lottery Corporation (TELC) authorizes finalized regulations, including a 10% hold mandate for all operators. All operators are subsequently 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 first draft of Tennessee sports wagering regulations.


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

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


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

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