On July 1, 2019, the Tennessee Sports Gaming Act entered effect as Gov. Bill Lee accepted enable the bill to end up being law without his signature. Gov. Lee vehemently opposed betting but understood that legal online sports betting remained in his state's benefit.

Review this timeline of Tennessee's sports gambling history for an introduction of its turning points:

Dec. 12, 2024: Tennessee earns a record-breaking $591 million deal with 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 actually previously sent out cease-and-desist letters to the online sportsbook's Curacao address.

Oct. 18, 2024: Bally Bet formally 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 expert after being suspended for sports betting formerly.

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

July 23, 2024: A Tennessee male wins $900K at Fanatic Sportsbook after properly picking the outcome of 4 2024 T-Mobile Crowning achievement Derby matchups.

July 22, 2024: SuperBook Sports takes out of 8 post-PASPA states, consisting of Tennessee.

July 12, 2024: Tennessee's SWAC releases June sports betting 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 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, generating $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 listed 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 plans to introduce on Nov. 14, 2023, with online sports wagering going reside in 17 U.S. states, including Tennessee.

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

June 28, 2023: Tennessee will quickly tax sportsbooks based on their betting manage rather 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 modifications to Tennessee's sports betting tax rule.

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

April 27, 2023: Fanatics prepares to launch 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 gets Wagr, a social peer-to-peer sportsbook app founded in Nashville, TN.

April 21, 2023: Your home approves HB 1362, an amended version 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 operators on their overall deal with. A 1.85% tax on sports wagering manage would replace the present 20% tax on gross revenue.

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

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

Feb. 24, 2023: Following a strong proving in December, Tennessee's sports wagering manage fell in January by nearly 7%.

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates that Tennessee missed out on about $11 million in tax profits in 2022 since multiple operators - consisting of Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold guideline.

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

Dec. 19, 2022: BetMGM is named a main sports betting partner of the Nashville Predators. The multi-year collaboration includes a BetMGM-branded restaurant and signage at Bridgestone Arena.

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

Nov. 11, 2022: Tennessee sports wagering strikes 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 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 created 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 3rd state to release a Betly online sportsbook.

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

April 27, 2022: SuperBook introduces 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 signs up an all-time single-month record of $386 million in sports wagering handle for January.

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

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

Jan. 4, 2022: Record earnings generated by Tennessee-licensed sportsbooks continue, with near $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 betting regulative responsibilities in January following a handoff from TELC.

Nov. 17, 2021: Tennessee becomes the fifth-fastest state to surpass $2 billion in bets, registering $2.335 billion in sports wagering handle during the very first 12 months.

October 2021: The Volunteer State taped 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 releases in Tennessee.

September 2021: Barstool Sportsbook and Wagr, a social sports wagering app, get sports wagering operating licenses from the Tennessee Education Lottery.

August 2021: Caesars obtains William Hill, and consequently, 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, beginning the state's legal online sports betting market.

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

April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) approves finalized regulations, consisting of a 10% hold required for all operators. All operators are consequently permitted to begin obtaining licenses.

Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council starts creating the initial draft of Tennessee sports betting guidelines.

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

May 2019: Gov. Bill Lee enables the expense 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 introduces a bipartisan costs to legalize Tennessee sports wagering.