On July 1, 2019, the Tennessee Sports Gaming Act came into result as Gov. Bill Lee agreed to permit the costs to end up being law without his signature. Gov. Lee vehemently opposed gaming but comprehended that legal online sports wagering remained in his state's best interest.

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

Dec. 12, 2024: Tennessee makes a record-breaking $591 million handle in November, surpassing 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 previously sent out cease-and-desist letters to the online sportsbook's Curacao address.

Oct. 18, 2024: Bally Bet officially 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 betting company as a dream specialist after being suspended for sports gambling previously.

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

July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after correctly choosing the outcome of four 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 wagering numbers. With a $344.8 million manage, TN sportsbooks see a 49% boost 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 wagering handle continues to fall in January, bringing in $467.4 million in wagers, which is a 5.5% MoM decrease.

Jan. 25, 2024: PrizePicks includes a new peer-to-peer game in Tennessee and three other U.S. states - PrizePicks Arena.

Jan. 17, 2024: Tennessee's sports wagering deal with drops 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 prepares to launch on Nov. 14, 2023, with online sports betting wagering going live in 17 U.S. states, including Tennessee.

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

June 28, 2023: Tennessee will soon tax sportsbooks based on their wagering handle 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 changes to Tennessee's sports betting tax guideline.

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

April 27, 2023: Fanatics prepares to introduce its sports betting app in Tennessee on Monday, May 1. Current Fanatics customers will receive a distinct 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: Your house approves HB 1362, an amended 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 deal with. 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 handle.

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

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

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

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

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

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

Nov. 11, 2022: Tennessee sports wagering 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 big 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, ending up being TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee ends up being the third state to launch a Betly online sportsbook.

Aug. 3, 2022: Caesars Sportsbook ends up being an official 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, ends up being the official sports betting 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 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 approved as the 10th sportsbook for online wagering in Tennessee. A launch date is not revealed.

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

Jan. 4, 2022: Record revenues generated 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 presume sports betting regulatory duties in January following a handoff from TELC.

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

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

Oct. 21, 2021: Bally ends up being 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, get sports betting operating licenses from the Tennessee Education Lottery.

August 2021: Caesars obtains 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, beginning the state's legal online sports betting industry.

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

April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) approves completed regulations, including a 10% hold mandate for all operators. All operators are subsequently permitted to start making an application for licenses.

Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council starts developing the very first draft of Tennessee sports wagering guidelines.

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

May 2019: Gov. Bill Lee enables the costs to end up being law without his signature. Despite being morally opposed to betting in Tennessee, Lee thinks legalizing sports betting remains in the state's finest interest.

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