On July 1, 2019, the Tennessee Sports Gaming Act came into result as Gov. Bill Lee accepted permit the expense to end up being law without his signature. Gov. Lee emphatically opposed gaming but understood that legal online sports wagering remained in his state's benefit.

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 manage in November, exceeding the state's previous high by $47 million.

Nov. 14, 2024: Tennessee sports bettors 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.

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 betting company as a dream expert after being suspended for sports gambling previously.

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

July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after correctly picking the result of 4 2024 T-Mobile Crowning achievement Derby matches.

July 22, 2024: SuperBook Sports pulls 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 betting deal with falls listed below $400 million in February - an 18.6% month-over-month reduction.

Feb. 24, 2024: Tennessee's sports wagering deal with continues to fall in January, bringing in $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 three other U.S. states - PrizePicks Arena.

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

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

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

June 28, 2023: Tennessee will quickly tax sportsbooks based on their wagering manage 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 authorizes modifications 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 launch its sports betting app in Tennessee on Monday, May 1. Current Fanatics consumers will get an unique 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 variation 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 manage. A 1.85% tax on sports betting handle would change the current 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 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 wagering deal with 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 earnings in 2022 due to the fact that multiple operators - including Caesars, DraftKings, and BetMGM - stopped working to hit the state's 10% hold rule.

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 betting partner of the Nashville Predators. The multi-year collaboration includes a BetMGM-branded dining establishment and signage at Bridgestone Arena.

Dec. 15, 2022: November betting 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 deal with 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 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 releases in the state, ending up being TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee becomes the third state to release a Betly online sportsbook.

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

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

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

Feb. 10, 2022: Fubo is approved as the 10th sportsbook for online wagering in Tennessee. A launch date is not announced.

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

Jan. 4, 2022: Record revenues produced by Tennessee-licensed sportsbooks continue, with close 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 becomes the fifth-fastest state to surpass $2 billion in bets, signing up $2.335 billion in sports betting manage throughout the first 12 months.

October 2021: The Volunteer State recorded its largest-ever monthly handle in September; Tennessee sits $40 million shy of striking 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 introduces in Tennessee.

September 2021: Barstool Sportsbook and Wagr, a social sports betting app, receive sports betting operating licenses from the Tennessee Education Lottery.

August 2021: Caesars gets 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, kicking off the state's legal online sports betting industry.

September 2020: TELC approves its first 3 sportsbook operators: DraftKings, FanDuel, and BetMGM.

April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) approves settled guidelines, including a 10% hold mandate for all operators. All operators are subsequently allowed to begin obtaining licenses.

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

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

May 2019: Gov. Bill Lee enables the bill to end up being law without his signature. Despite being ethically opposed to gambling in Tennessee, Lee thinks legislating sports wagering is in the state's finest interest.

Nov. 2018: Rep. Rick Staples presents a bipartisan bill to legislate Tennessee sports wagering.