On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee accepted enable the costs 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 introduction of its milestones:

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

Nov. 14, 2024: Tennessee sports wagerers 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 formerly 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 joins a sports wagering company as a fantasy expert after being suspended for sports gambling previously.

Sept. 12, 2024: Tennessee increases its sports betting handle and income 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 Home Run 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 handle, TN sportsbooks see a 49% increase in year-over-year action.

March 12, 2024: Tennessee's sports betting manage falls listed 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 new peer-to-peer game in Tennessee and 3 other U.S. states - PrizePicks Arena.

Jan. 17, 2024: Tennessee's sports betting 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 betting, launching in Tennessee and 16 other states.

Nov. 2, 2023: ESPN BET plans to introduce on Nov. 14, 2023, with online sports betting going live in 17 U.S. states, including Tennessee.

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

June 28, 2023: Tennessee will quickly tax sportsbooks based upon their betting deal with instead of their income.

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 rule.

May 1, 2023: Fanatics Sportsbook introduces 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 customers 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: Your house 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 betting deal with would replace the existing 20% tax on gross earnings.

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 specific launch date planned.

Feb. 24, 2023: Following a strong showing 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 about $11 million in tax earnings in 2022 because numerous operators - including Caesars, DraftKings, and BetMGM - stopped working to strike the state's 10% hold guideline.

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

Dec. 19, 2022: BetMGM is called a main sports betting partner of the Nashville Predators. The multi-year collaboration consists of a BetMGM-branded dining establishment and signs at Bridgestone Arena.

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

Nov. 11, 2022: Tennessee sports betting 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 wagering in September saw a big boost compared to August, as online sportsbooks generated more than $336.9 million in bets.

Sept. 6, 2022: Hard Rock Sportsbook launches in the state, becoming TN's 11th active sportsbook.

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

Aug. 3, 2022: Caesars Sportsbook becomes a main sports betting 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 betting partner of the MLS' Nashville FC.

March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes three brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 licensed sportsbooks.

Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports wagering 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 get a license in the U.S. and is the ninth legally licensed sportsbook operator in Tennessee.

Jan. 4, 2022: Record profits created 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 presume sports betting regulative tasks 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 betting handle during the very first 12 months.

October 2021: The Volunteer State tape-recorded 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 ends up being a sports wagering partner of the Nashville Predators.

Sept. 8, 2021: Barstool Sportsbook launches 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 acquires William Hill, and subsequently, 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 first online Tennessee sportsbooks go live, beginning the state's legal online sports betting 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 finalized policies, consisting of a 10% hold required for all operators. All operators are consequently allowed to begin obtaining licenses.

Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council begins designing the initial draft of Tennessee sports wagering regulations.

July 2019: The Tennessee Sports Gaming Act officially becomes sports wagering law.

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

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