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

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 manage in November, exceeding 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 betting company as a dream specialist after being suspended for sports betting formerly.

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

July 23, 2024: A Tennessee man wins $900K at Fanatic Sportsbook after properly picking the outcome of four 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 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 listed below $400 million in February - an 18.6% month-over-month decline.

Feb. 24, 2024: Tennessee's sports betting deal with continues to fall in January, bringing in $467.4 million in wagers, which is a 5.5% MoM decline.

Jan. 25, 2024: PrizePicks includes 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 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 betting, 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, consisting of 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 wagering manage 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 authorizes changes to Tennessee's sports betting tax guideline.

May 1, 2023: Fanatics Sportsbook releases 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 an unique code to access the app.

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

April 21, 2023: Your house approves HB 1362, an amended variation of the Senate's SB 0475. If signed by Gov. Bill Lee, Tennessee will become the first state to tax sports wagering operators on their overall handle. A 1.85% tax on sports wagering handle would change the present 20% tax on gross income.

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 betting license in Tennessee. However, it has no particular launch date planned.

Feb. 24, 2023: Following a strong proving in December, Tennessee's sports betting deal with 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 because multiple operators - consisting of Caesars, DraftKings, and BetMGM - stopped working to strike the state's 10% hold rule.

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

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

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

Nov. 11, 2022: Tennessee sports wagering 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 wagering regulator approves 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: Acid rock Sportsbook launches in the state, ending up being TN's 11th active sportsbook.

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

Aug. 3, 2022: Caesars Sportsbook becomes a main sports betting partner of the Memphis Grizzlies.

April 27, 2022: SuperBook introduces 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) authorizes three new mobile sportsbooks. When Bally Bet, Betly, and SuperBook launch online operations, TN will depend on 13 licensed 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 betting in Tennessee. A launch date is not announced.

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 earnings generated by Tennessee-licensed sportsbooks continue, with near $40 million in November.

Jan. 1, 2022: SWAC takes over the regulation 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 ends up being the fifth-fastest state to go beyond $2 billion in bets, registering $2.335 billion in sports betting manage during the first 12 months.

October 2021: The Volunteer State tape-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 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 acquires William Hill, and consequently, 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, starting 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 modifications, the Tennessee Education Lottery Corporation (TELC) approves completed guidelines, consisting of a 10% hold mandate for all operators. All operators are consequently allowed to begin looking for licenses.

Nov. 2019: The Sports Betting Advisory Council is assembled by Tennessee lawmakers. The council starts developing the initial draft of Tennessee sports wagering policies.

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

May 2019: Gov. Bill Lee enables the expense to end up being law without his signature. Despite being ethically opposed to gambling in Tennessee, Lee believes legalizing sports wagering is in the state's benefit.

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