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

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

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

Nov. 14, 2024: Tennessee sports gamblers wager 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 live in Tennessee, making it the 12th online operator in the state.

Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere signs up with a sports wagering business as a dream specialist after being suspended for sports betting gambling previously.

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

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

July 22, 2024: SuperBook sports betting 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% boost 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 wagering deal with continues to fall in January, bringing in $467.4 million in wagers, which is a 5.5% MoM decline.

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 wagering deal with drops listed 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, launching in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET prepares to introduce on Nov. 14, 2023, with online sports wagering going live in 17 U.S. states, including 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 betting manage instead 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 authorizes changes to Tennessee's sports wagering tax guideline.

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

April 27, 2023: Fanatics prepares to launch its sports wagering app in Tennessee on Monday, May 1. Current Fanatics clients will get a special code to access the app.

April 25, 2023: Yahoo obtains 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 end up being the first state to tax sports betting operators on their overall handle. A 1.85% tax on sports betting wagering manage would replace the existing 20% tax on gross profits.

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 planned.

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

Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates that Tennessee missed out on out on about $11 million in tax revenue in 2022 because multiple operators - including Caesars, DraftKings, and BetMGM - stopped working to strike the state's 10% hold rule.

Feb. 13, 2023: ZenSports, just recently obtained by KeyStar Corp, could end up being Tennessee's 14th legal wagering site if its application is authorized.

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 wagering websites 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 authorizes license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

Oct. 18, 2022: Tennessee sports betting in September saw a huge increase compared to August, as online sportsbooks produced 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 becomes the 3rd state to release a Betly online sportsbook.

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

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

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

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 signs up 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 betting in Tennessee. A launch date is not revealed.

Jan. 24, 2022: Wagr became the 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 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 wagering from the Tennessee Education Lottery.

Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will presume sports wagering regulative responsibilities in January following a handoff from TELC.

Nov. 17, 2021: Tennessee ends up being the fifth-fastest state to go beyond $2 billion in bets, signing up $2.335 billion in sports betting handle throughout the very first 12 months.

October 2021: The Volunteer State taped its largest-ever month-to-month deal with 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 releases 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 gets 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 first online Tennessee sportsbooks go live, kicking off the state's legal online sports wagering industry.

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

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

Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee lawmakers. The council begins creating the initial draft of Tennessee sports betting regulations.

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

May 2019: Gov. Bill Lee permits the expense to become law without his signature. Despite being ethically opposed to betting in Tennessee, Lee thinks legislating sports betting is in the state's best interest.

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