UA-161709026-1

Tennessee Sports Betting: Top 4 Legal Betting Sites in 2024

Comments · 163 Views

On July 1, 2019, the Tennessee Sports Gaming Act entered into effect as Gov. Bill Lee accepted permit the costs to end up being law without his signature. Gov.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

On July 1, 2019, the Tennessee Sports Gaming Act entered into impact as Gov. Bill Lee accepted permit the costs to end up being law without his signature. Gov. Lee vehemently opposed gaming but comprehended that legal online sports betting remained in his state's benefit.

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

Review this timeline of Tennessee's sports gambling history for an overview of its milestones:


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


Nov. 14, 2024: Tennessee sports betting 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 formerly sent out cease-and-desist letters to the online sportsbook's Curacao address.


Oct. 18, 2024: Bally Bet formally goes reside in Tennessee, making it the 12th online operator in the state.


Sept. 19, 2024: Tennessee Titans' Nicholas Petit-Frere signs up with a sports wagering business as a fantasy expert after being suspended for sports betting previously.


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


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


July 22, 2024: SuperBook Sports takes out of eight post-PASPA states, consisting of Tennessee.


July 12, 2024: Tennessee's SWAC releases June sports betting numbers. With a $344.8 million manage, TN sportsbooks see a 49% increase 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 wagering deal with continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM reduction.


Jan. 25, 2024: PrizePicks adds a brand-new peer-to-peer video game in Tennessee and 3 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 live with online and mobile sports wagering, launching in Tennessee and 16 other states.


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


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


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


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


April 27, 2023: Fanatics plans 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 established in Nashville, TN.


April 21, 2023: Your home approves HB 1362, an amended variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the very first state to tax sports wagering operators on their total handle. A 1.85% tax on sports wagering handle would change the current 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 gets 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 wagering manage fell in January by nearly 7%.


Feb. 15, 2023: The Sports Wagering Advisory Council (SWAC) approximates that Tennessee lost out on about $11 million in tax earnings in 2022 due to the fact that several operators - consisting of Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold guideline.


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


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


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


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


Oct. 18, 2022: Tennessee sports betting in September saw a huge 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 third state to release a Betly online sportsbook.


Aug. 3, 2022: Caesars Sportsbook becomes an official sports betting wagering partner of the Memphis Grizzlies.


April 27, 2022: SuperBook launches sportsbook operations in Tennessee.


April 14, 2022: Wagr, a Tennessee-based sportsbook, ends up being the main sports betting 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 depend on 13 certified sportsbooks.


Feb. 17, 2022: Tennessee signs up an all-time single-month record of $386 million in sports betting wagering deal with 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 ended up being the first peer-to-peer wagering platform to get a license in the U.S. and is the ninth lawfully licensed sportsbook operator in Tennessee.


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


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


Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports betting regulatory responsibilities 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 wagering deal with during the very first 12 months.


October 2021: The Volunteer State tape-recorded its largest-ever regular monthly manage in September; Tennessee sits $40 million shy of hitting 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 wagering app, get sports wagering operating licenses from the Tennessee Education Lottery.


August 2021: Caesars gets 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 very first online Tennessee sportsbooks go live, beginning the state's legal online sports wagering industry.


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


April 2020: After months of criticisms and revisions, the Tennessee Education Lottery Corporation (TELC) authorizes finalized guidelines, including a 10% hold required for all operators. All operators are consequently allowed to begin looking for licenses.


Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee lawmakers. The council begins devising the initial draft of Tennessee sports betting regulations.


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

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus

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


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

Register at Bet9ja using the promotion code YOHAIG for a N100,000 welcome bonus
Comments