Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee agreed to permit the expense to become law without his signature. Gov.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

On July 1, 2019, the Tennessee Sports Gaming Act entered into result as Gov. Bill Lee concurred to enable the bill to become law without his signature. Gov. Lee emphatically opposed betting but understood that legal online sports betting wagering was in his state's finest interest.


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


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


Nov. 14, 2024: Tennessee sports bettors bet a record $551 million in October.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

Oct. 25, 2024: Tennessee fines Bovada $50k (and counting), for accepting wagers without a license. The sports betting Wagering Council (SWC) had actually previously sent out 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 fantasy specialist after being suspended for sports gambling previously.


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

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

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


July 22, 2024: SuperBook sports betting takes out of eight post-PASPA states, consisting of 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 deal with falls listed 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, generating $467.4 million in wagers, which is a 5.5% MoM decrease.


Jan. 25, 2024: PrizePicks adds 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 cope with online and mobile sports betting, introducing in Tennessee and 16 other states.


Nov. 2, 2023: ESPN BET plans to release 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 betting wagering operation as soon as possible.


June 28, 2023: Tennessee will soon tax sportsbooks based on their betting handle rather of their income.


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 wagering tax rule.


May 1, 2023: Fanatics Sportsbook launches 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 a distinct code to access the app.


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


April 21, 2023: Your home authorizes HB 1362, a modified 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 overall manage. A 1.85% tax on sports betting handle would change the present 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 wagering license in Tennessee. However, it has no specific launch date planned.


Feb. 24, 2023: Following a strong proving in December, Tennessee's sports betting 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 income in 2022 because several operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to strike the state's 10% hold guideline.


Feb. 13, 2023: ZenSports, recently obtained by KeyStar Corp, might become Tennessee's 14th legal wagering website if its application is authorized.


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


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


Nov. 11, 2022: Tennessee sports betting hits 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.


Oct. 18, 2022: Tennessee sports betting 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 introduces in the state, becoming TN's 11th active sportsbook.


Aug. 16, 2022: Tennessee ends up being the third state to introduce 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, becomes the official 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 signs up 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 wagering in Tennessee. A launch date is not revealed.


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


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


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


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


Nov. 17, 2021: Tennessee becomes the fifth-fastest state to go beyond $2 billion in bets, registering $2.335 billion in sports betting manage throughout the first 12 months.


October 2021: The Volunteer State taped its largest-ever regular monthly handle in September; Tennessee sits $40 million shy of hitting 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 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, kicking off the state's legal online sports betting market.


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

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

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


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


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


May 2019: Gov. Bill Lee enables the bill to become law without his signature. Despite being ethically opposed to betting in Tennessee, Lee thinks legalizing sports wagering remains in the state's benefit.


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


roxiezzu653252

1 Blog posts

Comments