On July 1, 2019, the Tennessee Sports Gaming Act entered effect as Gov. Bill Lee agreed to allow the costs to end up being law without his signature. Gov. Lee vehemently opposed gaming however understood that legal online sports betting was in his state's finest interest.

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

Dec. 12, 2024: Tennessee makes a record-breaking $591 million handle in November, going beyond 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 actually formerly 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 signs up with a sports wagering business as a fantasy professional after being suspended for sports betting gambling formerly.

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

July 23, 2024: A Tennessee guy wins $900K at Fanatic Sportsbook after correctly selecting 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 wagering numbers. With a $344.8 million manage, TN sportsbooks see a 49% boost 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 manage continues to fall in January, generating $467.4 million in wagers, which is a 5.5% MoM decline.

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

Jan. 17, 2024: Tennessee's sports betting handle drops listed below $500 million in December, which is a 4.2% drop from November.

Nov. 14, 2023: ESPN BET goes deal with online and mobile sports betting, launching in Tennessee and 16 other states.

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

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

June 28, 2023: Tennessee will quickly tax sportsbooks based upon their betting handle rather 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 approves changes to Tennessee's sports betting tax rule.

May 1, 2023: Fanatics Sportsbook releases 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 customers will receive a special code to access the app.

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

April 21, 2023: Your home authorizes HB 1362, an amended 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 total manage. A 1.85% tax on sports betting manage would change the existing 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 manage.

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

Feb. 24, 2023: Following a strong proving 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 missed out on about $11 million in tax profits in 2022 due to the fact that multiple operators - consisting of Caesars, DraftKings, and BetMGM - failed to strike the state's 10% hold rule.

Feb. 13, 2023: ZenSports, just recently acquired by KeyStar Corp, could end up being Tennessee's 14th legal betting site if its application is approved.

Dec. 19, 2022: BetMGM is named an official sports betting partner of the Nashville Predators. The multi-year collaboration consists of a BetMGM-branded dining establishment and signage at Bridgestone Arena.

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

Nov. 11, 2022: Tennessee sports betting wagering hits 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 wagering 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 launches in the state, ending up being TN's 11th active sportsbook.

Aug. 16, 2022: Tennessee ends up being the 3rd state to release a Betly online sportsbook.

Aug. 3, 2022: Caesars Sportsbook ends up being an official sports 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 3 brand-new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will be up to 13 certified sportsbooks.

Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports wagering deal with 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 became the very first peer-to-peer betting platform to get a license in the U.S. and is the ninth legally certified sportsbook operator in Tennessee.

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

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

Dec. 17, 2021: The Sports Wagering Advisory Council (SWAC) will assume sports betting 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, signing up $2.335 billion in sports betting handle throughout the very first 12 months.

October 2021: The Volunteer State recorded its largest-ever monthly deal with in September; Tennessee sits $40 million shy of hitting the $2 billion mark for 2021.

Oct. 21, 2021: Bally becomes 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 wagering app, receive sports betting wagering operating licenses from the Tennessee Education Lottery.

August 2021: Caesars obtains William Hill, and consequently, 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, starting the state's legal online sports betting industry.

September 2020: TELC authorizes 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 completed guidelines, including a 10% hold mandate for all operators. All operators are subsequently permitted to start looking for licenses.

Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee legislators. The council starts designing the first draft of Tennessee sports wagering policies.

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

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

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