On July 1, 2019, the Tennessee Sports Gaming Act came into result as Gov. Bill Lee consented to enable the expense to end up being law without his signature. Gov. Lee vehemently opposed betting but comprehended that legal online sports betting was in his state's benefit.

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

Nov. 14, 2024: Tennessee sports gamblers bet 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 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 gambling previously.

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

July 23, 2024: A Tennessee male wins $900K at Fanatic Sportsbook after correctly choosing the outcome of 4 2024 T-Mobile Crowning achievement Derby matchups.
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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 wagering numbers. With a $344.8 million handle, TN sportsbooks see a 49% boost in year-over-year action.

March 12, 2024: Tennessee's sports betting handle falls 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 decrease.

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 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 prepares to release on Nov. 14, 2023, with online sports wagering going reside in 17 U.S. states, including Tennessee.
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Aug. 11, 2023: WynnBET Tennessee reveals the closure of its online sports betting wagering operation as soon as possible.

June 28, 2023: Tennessee will soon tax sportsbooks based on their wagering handle instead of their revenue.

June 13, 2023: in Tennessee, making it the thirteenth mobile operator in the state.

May 18, 2023: Gov. Bill Lee authorizes modifications to Tennessee's sports wagering tax rule.

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

April 27, 2023: Fanatics plans to release its sports betting wagering app in Tennessee on Monday, May 1. Current Fanatics customers will receive a distinct 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, a changed version 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 total handle. A 1.85% tax on sports betting wagering handle would replace 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 manage.

March 1, 2023: Fanatics gets its mobile sports wagering license in Tennessee. However, it has no particular launch date prepared.
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Feb. 24, 2023: Following a strong proving in December, Tennessee's sports wagering handle fell in January by nearly 7%.

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

Feb. 13, 2023: ZenSports, just recently obtained by KeyStar Corp, could become Tennessee's 14th legal betting website if its application is authorized.
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Dec. 19, 2022: BetMGM is called an official sports betting partner of the Nashville Predators. The multi-year partnership includes a BetMGM-branded restaurant and signs at Bridgestone Arena.

Dec. 15, 2022: November betting equates to a brand-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 approves license renewals for BetMGM, DraftKings, FanDuel, and Action 24/7.

Oct. 18, 2022: Tennessee sports betting wagering in September saw a big boost 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 ends up being the third state to launch a Betly online sportsbook.

Aug. 3, 2022: Caesars Sportsbook becomes a main 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 wagering partner of the MLS' Nashville FC.

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

Feb. 17, 2022: Tennessee registers an all-time single-month record of $386 million in sports betting handle 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 ended up being the first peer-to-peer betting platform to receive a license in the U.S. and is the ninth legally certified 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 over the regulation of sports wagering from the Tennessee Education Lottery.

Dec. 17, 2021: The sports betting Wagering Advisory Council (SWAC) will assume sports wagering regulatory tasks in January following a handoff from TELC.
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Nov. 17, 2021: Tennessee becomes the fifth-fastest state to go beyond $2 billion in bets, signing up $2.335 billion in sports wagering deal with throughout the first 12 months.

October 2021: The Volunteer State recorded its largest-ever month-to-month 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 introduces in Tennessee.

September 2021: Barstool Sportsbook and Wagr, a social sports betting app, receive 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, kicking off the state's legal online sports betting industry.

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

April 2020: After months of criticisms and modifications, the Tennessee Education Lottery Corporation (TELC) authorizes settled guidelines, including a 10% hold mandate for all operators. All operators are subsequently allowed to start making an application for licenses.

Nov. 2019: The Sports Betting Advisory Council is put together by Tennessee lawmakers. The council starts creating the initial draft of Tennessee sports betting guidelines.
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July 2019: The Tennessee Sports Gaming Act formally ends up being sports wagering law.

May 2019: Gov. Bill Lee permits the expense to become law without his signature. Despite being ethically opposed to betting in Tennessee, Lee thinks legislating sports betting is in the state's benefit.

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