On July 1, 2019, the Tennessee Sports Gaming Act entered into result as Gov. Bill Lee accepted enable the bill to become law without his signature. Gov. Lee vehemently opposed gambling but comprehended that legal online sports wagering was in his state's benefit.

Review this timeline of Tennessee's sports betting history for a summary of its turning points:

Dec. 12, 2024: Tennessee makes a record-breaking $591 million deal with in November, surpassing 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 formerly 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 signs up with a sports betting business as a fantasy professional after being suspended for sports betting previously.

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

July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after correctly picking the result of 4 2024 T-Mobile Crowning achievement Derby matches.

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

July 12, 2024: Tennessee's SWAC releases June sports betting numbers. With a $344.8 million manage, 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 handle continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM decline.

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 wagering manage drops below $500 million in December, which is a 4.2% drop from November.

Nov. 14, 2023: ESPN BET goes deal with online and mobile sports wagering, releasing in Tennessee and 16 other states.

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

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

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

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 customers will receive a special 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 authorizes HB 1362, a modified version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the first state to tax sports betting operators on their overall manage. A 1.85% tax on sports betting deal with 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 handle.

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

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

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee lost out on about $11 million in tax income in 2022 due to the fact that several operators - consisting of Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold rule.

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

Dec. 19, 2022: BetMGM is called an official sports betting partner of the Nashville Predators. The multi-year partnership consists of a BetMGM-branded restaurant and signs at Bridgestone Arena.

Dec. 15, 2022: November betting equates to a new Tennessee sportsbook betting 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 wagering regulator approves 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 launches in the state, ending up being TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee ends up being the 3rd state to introduce a Betly online sportsbook.

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

April 27, 2022: SuperBook launches sportsbook operations in Tennessee.

April 14, 2022: Wagr, a Tennessee-based sportsbook, becomes the main sports wagering partner of the MLS' Nashville FC.

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

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

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

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

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

Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports betting regulatory responsibilities 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 wagering handle throughout the first 12 months.

October 2021: The Volunteer State recorded its largest-ever regular monthly handle in September; Tennessee sits $40 million shy of striking the $2 billion mark for 2021.

Oct. 21, 2021: Bally ends up being 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, receive sports betting 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, 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) approves completed policies, including a 10% hold required for all operators. All operators are consequently allowed to start getting licenses.

Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee legislators. The council starts devising the very first draft of Tennessee sports betting policies.

July 2019: The Tennessee Sports Gaming Act formally becomes sports betting law.

May 2019: Gov. Bill Lee allows the bill to become law without his signature. Despite being morally opposed to betting in Tennessee, Lee thinks legislating sports betting is in the state's finest interest.

Nov. 2018: Rep. Rick Staples introduces a bipartisan costs to legalize Tennessee sports betting.