Legal Sports Betting in Tennessee

On this page, we’ll cover all things related to Tennessee online sports betting, going into detail about the various benefits of working with bookmakers in the state. For anyone wondering β€œis online gambling legal in Tennessee?”, you’ll be happy to know it was regulated as of November 1, 2020.

With a growing number of players in the state, online sports betting in Tennessee isn’t just limited to offshore bookmakers. There are a number of land-based betting facilities and casinos available to sports fans and betting enthusiasts. Despite a wealth of regulated bookmakers, offshore bookmakers are still offering some of the most competitive odds around.

Sportsbook Available in Tennessee
FanDuel βœ…
DraftKings βœ…
Caesars βœ…
FoxBet βœ…
BetRivers βœ…
BetMGM ❌
PointsBet βœ…
Unibet βœ…

From offtrack betting markets in Tennessee to major American sports leagues, the Volunteer State offers some of the most exciting opportunities online. In order to ensure our readers take advantage of the numerous bonuses, odds markets, and promotions, we’ll break down these aspects of sportsbooks to make your lives easier.

We should mention, that if you’re here and you reside in another state, we have a complete guide to US betting laws, covering all states. Also, check out the best mobile betting apps in Tennessee!

Tennessee Sports Betting – Recent Updates

Tennessee Sports Betting – Recent Updates

  • March 12, 2024 – Tennessee’s sports betting handle for February dropped below $400 million, marking an 18.6% month-over-month decline.
  • February 7, 2024 β€” According to LSR projections, the Super Bowl betting handle in Tennessee is anticipated to be approximately $34.4 million, potentially ranking among the top 15 states in terms of handle.
  • January 17, 2024 β€” The sports betting handle in Tennessee decreased to $495 million in December, marking a 4% month-over-month decline but still securing the second-highest total ever recorded for the state.
  • December 14, 2023 β€” Tennessee’s sports betting handle reached a new record high of $517 million in November, reflecting a significant 16% increase from October.
  • November 17, 2023 β€” The sports betting handle in Tennessee achieved a new record high of $445.1 million in October, representing a 6% increase from September.

Top 5 Tennessee Sportsbooks

Now that Tennessee sports betting is legal, there is certainly a growing community of players demanding access to the very best markets and odds possible. The change in Tennessee gambling laws has opened the eyes of players residing in the state and give them a higher standard of expectancy when it comes to online wagering.

In order to ensure you can gamble in Tennessee with confidence, knowing you’re getting access to the very best markets, we had our team of in-house betting specialists put together a list of the very best five bookmakers in the state. These providers offer the best out there, let’s check them out!

 

Six Reasons to Bet on These Tennessee Betting Sites

When it comes to online gambling in Tennessee, you want to be sure you know what you’re looking for when searching the odds at any top-tier provider. But, what is it that makes a great online bookmaker? Well, sports gambling in Tennessee has come a long way and now bookmakers are required to offer only the very best. Especially when they’re competing with many legal providers across the state.

 

List Of Casinos In Tennessee

Given the fact that Tennessee remains a fairly conservative state with fairly strict gambling laws, there are zero casinos operating in the state. This means lovers of table games like Blackjack, Craps, and Pokers will have to go to neighbouring states to play. Alternatively, they can access online casinos and wager on these games that way.

Tennessee sports betting

Tennessee Sports Betting Timeline

With betting now legal in the state of Tennessee, many would assume that the new feed would stop there. However, with a thriving industry and many lobbyists and betting enthusiasts still wanting more comprehensive access to sports markets, things are always evolving.

As such, we put together this timeline to show how things have changed in the last couple of years. We’ve highlighted some of the key moments below, detailing specific occurrences that came about around the time of legalisation back in 2020. Be sure to check back with us for the latest information!

2023

Record-breaking sports betting and new platforms in Tennessee

In recent developments, Tennessee’s sports betting handle reached new highs, hitting $517 million in November, marking a 16% increase from October. Concurrently, Underdog Fantasy introduces peer-to-peer pick ’em games in Tennessee and three other states. Meanwhile, ESPN Bet goes live in Tennessee, replacing Barstool in 17 states.

 

2022

License renewals and surging sports betting figures

In October 2022, Tennessee’s sports betting regulator greenlights license renewals for major players like BetMGM, DraftKings, FanDuel, and Action 24/7. Preceding this, on October 18, 2022, the state experiences a substantial increase in September’s sports betting activity, with online sportsbooks recording over $336.9 million in betsβ€”a significant surge from the preceding month of August.

 

2021

Action 24/7 suspended by the TEL after investigation

Following an investigation into money laundering, it was found that Action 24/7 was taking part in money laundering and proxy betting activities. A federal judge put forward an injunction which would allow Action 24/7 back online. Tennessee then had a record-breaking month in November, racking in over $375 million in the betting handle.

 

2020

Legal online sports betting goes live

As of November 1st, legal sports betting in the state of Tennessee is live. Companies such as BetMGM, DraftKings, FanDuel, and Action 24/7 are all opening their operations up to state residents as of today.