This will delete the page "Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024"
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On July 1, 2019, the Tennessee Sports Gaming Act entered effect as Gov. Bill Lee consented to enable the costs to become law without his signature. Gov. Lee vehemently 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 a summary of its turning points:
Dec. 12, 2024: Tennessee earns a record-breaking $591 million handle in November, going beyond the state's previous high by $47 million.
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Nov. 14, 2024: Tennessee sports wagerers 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 previously sent out cease-and-desist letters to the online sportsbook's Curacao address.
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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 business as a dream specialist after being suspended for sports gambling formerly.
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Sept. 12, 2024: Tennessee increases its sports betting handle and income in August thanks to the return of football.
July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after properly selecting the outcome of 4 2024 T-Mobile Home Run Derby matches.
July 22, 2024: SuperBook Sports takes out of eight 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 handle 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, bringing in $467.4 million in wagers, which is a 5.5% MoM reduction.
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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 handle drops 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 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, consisting of 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 upon their wagering manage instead of their revenue.
June 13, 2023: ZenSports launches in Tennessee, making it the thirteenth mobile operator in the state.
May 18, 2023: Gov. Bill Lee authorizes modifications to Tennessee's sports betting tax rule.
May 1, 2023: Fanatics Sportsbook introduces its mobile app in Tennessee and Ohio.
April 27, 2023: Fanatics plans to launch its sports betting app in Tennessee on Monday, May 1. Current Fanatics clients will get an unique 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 house authorizes HB 1362, a changed version of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the very first state to tax sports betting operators on their overall deal with. A 1.85% tax on sports betting wagering handle would change the present 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 deal with.
March 1, 2023: Fanatics receives its mobile sports wagering license in Tennessee. However, it has no particular launch date planned.
Feb. 24, 2023: Following a strong proving in December, Tennessee's sports betting handle 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 due to the fact that several operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold guideline.
Feb. 13, 2023: ZenSports, recently acquired by KeyStar Corp, might become Tennessee's 14th legal wagering site if its application is authorized.
Dec. 19, 2022: BetMGM is named a main sports betting partner of the Nashville Predators. The multi-year collaboration consists of a BetMGM-branded restaurant and signage at Bridgestone Arena.
Dec. 15, 2022: November betting translates to a new Tennessee sportsbook betting record, as betting 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 deal with 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 wagering in September saw a big boost compared to August, as online sportsbooks produced 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 release a Betly online sportsbook.
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Aug. 3, 2022: Caesars Sportsbook ends up being 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 wagering 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 certified sportsbooks.
Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports wagering handle 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 became the very first peer-to-peer wagering platform to receive a license in the U.S. and is the ninth legally licensed sportsbook operator in Tennessee.
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Jan. 4, 2022: Record revenues produced by Tennessee-licensed sportsbooks continue, with near $40 million in November.
Jan. 1, 2022: SWAC takes control of the regulation of sports betting from the Tennessee Education Lottery.
Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports wagering regulative 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 handle during the first 12 months.
October 2021: The Volunteer State taped its largest-ever month-to-month handle in September
This will delete the page "Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024"
. Please be certain.