On July 1, 2019, the Tennessee Sports Gaming Act entered into result as Gov. Bill Lee consented to permit the expense to end up being law without his signature. Gov. Lee emphatically opposed gambling however comprehended that legal online sports betting remained in his state's benefit.

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 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 previously sent 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 wagering company as a fantasy specialist after being suspended for sports gambling previously.

Sept. 12, 2024: Tennessee increases its sports wagering manage and revenue 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 four 2024 T-Mobile Crowning achievement Derby matchups.

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

July 12, 2024: Tennessee's SWAC releases June sports betting 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 betting deal with falls below $400 million in February - an 18.6% month-over-month decrease.

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 reduction.

Jan. 25, 2024: PrizePicks adds a brand-new peer-to-peer video game in Tennessee and 3 other U.S. states - PrizePicks Arena.

Jan. 17, 2024: Tennessee's sports betting manage drops listed 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 betting wagering, introducing in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET plans to release on Nov. 14, 2023, with online sports betting 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 soon tax sportsbooks based on their betting deal with 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 modifications to Tennessee's sports betting tax rule.

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

April 27, 2023: Fanatics plans to launch its sports wagering app in Tennessee on Monday, May 1. Current Fanatics customers will get 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 variation 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 overall manage. A 1.85% tax on sports wagering deal with would change the current 20% tax on gross income.

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

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

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

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates that Tennessee lost out on about $11 million in tax earnings in 2022 since numerous 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 become Tennessee's 14th legal betting 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 consists of a BetMGM-branded restaurant and signs at Bridgestone Arena.

Dec. 15, 2022: November betting translates to a brand-new Tennessee sportsbook betting record, as betting 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 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 huge boost compared to August, as online sportsbooks created 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 ends up being the 3rd state to launch a Betly online sportsbook.

Aug. 3, 2022: Caesars Sportsbook becomes a main 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 official 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 depend on 13 certified sportsbooks.

Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting manage for January.

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

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 created by Tennessee-licensed sportsbooks continue, with close 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 ends up being the fifth-fastest state to surpass $2 billion in bets, registering $2.335 billion in sports wagering deal with during the 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 hitting the $2 billion mark for 2021.

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

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

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

August 2021: Caesars acquires William Hill, and subsequently, 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 approves its first 3 sportsbook operators: DraftKings, FanDuel, and BetMGM.

April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) authorizes completed policies, consisting of a 10% hold mandate for all operators. All operators are subsequently allowed to begin obtaining licenses.

Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee legislators. The council begins creating the very first draft of Tennessee sports betting policies.

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

May 2019: Gov. Bill Lee allows the bill to become law without his signature. Despite being ethically opposed to gambling in Tennessee, Lee thinks legislating sports wagering is in the state's benefit.

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