On July 1, 2019, the Tennessee Sports Gaming Act came into impact as Gov. Bill Lee consented to permit the costs to end up being law without his signature. Gov. Lee vehemently opposed gaming however understood that legal online sports wagering remained in his state's finest interest.

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 handle in November, going beyond the state's previous high by $47 million.

Nov. 14, 2024: Tennessee sports gamblers wager a record $551 million in October.

Oct. 25, 2024: Tennessee fines Bovada $50k (and counting), for accepting wagers without a license. The sports betting Wagering Council (SWC) had actually formerly sent 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 joins a sports betting business as a dream professional after being suspended for sports gambling previously.

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

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

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

July 12, 2024: Tennessee's SWAC releases June sports betting wagering 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 deal with falls below $400 million in February - an 18.6% month-over-month decline.

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 decrease.

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

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

Nov. 2, 2023: ESPN BET prepares to launch 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 betting operation as soon as possible.

June 28, 2023: Tennessee will quickly tax sportsbooks based on their wagering 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 launches 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 consumers will receive a distinct code to access the app.

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

April 21, 2023: Your home approves HB 1362, a modified variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will end up being the very first state to tax sports betting operators on their overall deal with. A 1.85% tax on sports wagering deal with would change the current 20% tax on gross revenue.

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 showing in December, Tennessee's sports wagering handle fell in January by nearly 7%.

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

Feb. 13, 2023: ZenSports, just recently gotten by KeyStar Corp, might end up being Tennessee's 14th legal wagering website if its application is authorized.

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

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

Nov. 11, 2022: Tennessee sports betting wagering strikes a record high in October, as the state records an all-time handle of $405.3 million.

Oct. 24, 2022: Tennessee's sports wagering regulator approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

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

Sept. 6, 2022: Acid rock Sportsbook introduces in the state, becoming TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee becomes the 3rd state to launch 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, ends up being the official sports betting partner of the MLS' Nashville FC.

March 10, 2022: The Tennessee Sports Wagering Advisory Council (SWAC) authorizes 3 brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 licensed sportsbooks.

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

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

Jan. 24, 2022: Wagr ended up being the very 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 incomes produced by Tennessee-licensed sportsbooks continue, with near $40 million in November.

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

Dec. 17, 2021: The sports betting Wagering Advisory Council (SWAC) will assume sports betting wagering regulatory 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 recorded its largest-ever regular 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 launches in Tennessee.

September 2021: Barstool Sportsbook and Wagr, a social sports betting app, get sports wagering running 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 wagering 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 settled regulations, including a 10% hold required for all operators. All operators are consequently allowed to start making an application for licenses.

Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee legislators. The council starts devising the initial draft of Tennessee sports betting policies.

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

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

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