Tennessee-based bettors finally have a reason to smile seeing as sports betting is finally in the state! In Tennessee, sports wagering was made legal in 2019 during spring; 30 th April 2019 saw approval of the sports betting bill by the Tennessee Legislature. Online sports betting was launched in November 2020, and 4 sportsbooks were approved. Jan 02, 2021 Tennessee Online Sports Betting Tennessee legalized sports betting when Governor Bill Lee allowed Tennessee House Bill 1 to become law without a signature. Although online gambling in Tenessee is relatively limited, legal online sports betting is imminent. Tennessee sports betting timeline. Tennessee sports betting is officially live, and plenty has taken place to get us to this point. Here is a look at key dates in Tennessee sports betting history: November 2020. Sports betting went live in Tennessee at 12:01 am on Sunday, Nov. DraftKings, FanDuel, BetMGM and Action 24/7 all launched. Tennessee’s online-only sports betting has seen $312.3 million in gross wagers in its first two months of November and December, yielding $5.4 million in privilege taxes. Sports betting narrowly passed in spring 2019. Bill Lee let it become law without signing it due to his opposition to more gambling in a state without casinos.

1. Online Sports Betting In Tennessee Right Now
2. Tn Betting

TN sports betting updates

Last updated: Dec. 28, 2020

Sports betting is officially live in Tennessee. Bettors can now place wagers on FanDuel, BetMGM, DraftKings, and Action 24/7, as well as sign up for the books’ new-user offers.

At a Tennessee Education Lottery (TEL) meeting on Nov. 16, council members announced bettors wagered over $27 million in the first eight days of online sports betting.

Online Sports Betting In Tennessee Right Now

It was also announced that BetAmerica, WynnBet and William Hill will be the next three operators to join the state.

ZenSports, which runs a peer-to-peer model and charges a fee instead of the juice/vig sportsbooks usually attach to odds, has also submitted its application for a license in Tennessee.

On Dec. 23, the TEL announced tax and revenue numbers for the state’s first month of legal operations.

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In Nov., Tennessee logged the highest revenue of any sports betting launch in the nation to date. During the first month, players wagered over $131 million. This resulted in $118 million in winnings for bettors and $13 million in revenue for sportsbooks.