On July 1, 2019, the Tennessee Sports Gaming Act entered into result as Gov. Bill Lee consented to allow the expense to become law without his signature. Gov. Lee vehemently opposed gambling but comprehended that legal online sports wagering was in his state's finest interest.
bet9ja.com
Review this timeline of Tennessee's sports gambling history for a summary of its milestones:
bet9ja.com
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 bettors 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 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 joins a sports betting business as a fantasy specialist after being suspended for sports betting formerly.

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

July 23, 2024: A Tennessee male wins $900K at Fanatic Sportsbook after correctly selecting the outcome of four 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 wagering 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 betting manage falls listed below $400 million in February - an 18.6% month-over-month reduction.

Feb. 24, 2024: Tennessee's sports betting manage continues to fall in January, bringing in $467.4 million in wagers, which is a 5.5% MoM decline.

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

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

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

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

June 28, 2023: Tennessee will soon tax sportsbooks based upon their betting deal with 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 approves changes to Tennessee's sports wagering tax rule.

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

April 27, 2023: Fanatics prepares to introduce its sports wagering app in Tennessee on Monday, May 1. Current Fanatics customers will get an unique code to access the app.

April 25, 2023: Yahoo gets Wagr, a social peer-to-peer sportsbook app established in Nashville, TN.

April 21, 2023: Your home authorizes 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 wagering operators on their overall handle. A 1.85% tax on sports betting deal with 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 deal with.

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

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

Feb. 15, 2023: The sports betting Wagering Advisory Council (SWAC) estimates that Tennessee missed out on out on about $11 million in tax profits in 2022 since numerous operators - consisting of Caesars, DraftKings, and BetMGM - stopped working 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 a main sports betting wagering partner of the Nashville Predators. The multi-year partnership consists of a BetMGM-branded restaurant and signs at Bridgestone Arena.

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

Nov. 11, 2022: Tennessee sports betting hits 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 approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

Oct. 18, 2022: Tennessee sports betting in September saw a big increase compared to August, as online sportsbooks generated more than $336.9 million in bets.

Sept. 6, 2022: Acid rock Sportsbook introduces in the state, ending up being 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 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) approves three new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 certified sportsbooks.

Feb. 17, 2022: Tennessee signs up an all-time single-month record of $386 million in sports betting wagering handle for January.

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

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

Jan. 4, 2022: Record incomes produced by Tennessee-licensed sportsbooks continue, with near to $40 million in November.

Jan. 1, 2022: SWAC takes control of the policy of sports wagering from the Tennessee Education Lottery.

Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports betting wagering regulatory tasks in January following a handoff from TELC.

Nov. 17, 2021: Tennessee becomes the fifth-fastest state to go beyond $2 billion in bets, registering $2.335 billion in sports wagering manage during the very first 12 months.
bet9ja.com
October 2021: The Volunteer State recorded its largest-ever regular monthly manage in September