Tennessee Gambling Sites

Sports betting in Tennessee has arrived. As of Sunday, 1 November 2020, people who are physically located in the Volunteer State can register and bet with one of the new Tennessee sports betting apps, or online sportsbooks and place wagers.

Gov. Bill Lee signed the Tennessee Sports Gaming Act legalizing online wagering. Players can now bet on their favorite sports on their mobile device, tablet, or any other internet-connected device. Tennessee is unique compared to other states that have a regulated sports betting industry. Tennessee sports betting can only be done online with no brick-and-mortar sportsbooks available. That’s right, there is no retail sports betting in the state!

Consequently, Tennessee betting apps have flourished offering odds and markets on hometown teams such as the Tennessee Titans or the Nashville Predators. Each Tennessee sports betting app listed on this page has been granted a license by the Tennessee Education Lottery to operate in the state.

Tennessee Sports Betting Timeline

Here is all you need to know about legal sports betting on your mobile in Tennessee.

Over a year after the Tennessee sports betting bill was approved, Tennessee online sports betting is now officially here. DraftKings sportsbook, BetMGM, and FanDuel have launched their TN sports betting apps. Tennessee based company  Action 24/7 has also received conditional approval from regulators to launch its platform. Even though the operator is local, competition in the market is already high as popular brands DraftKings, FanDuel, and BetMGM have received approval and launched in the state.

Action 24/7 is made up of investors throughout the state, and their mantra is “made for Tennesseans by Tennesseans,” which they hope will strike a chord with locals. Before it can launch, regulators are carrying out a background check on action’s provider, Amelco. If and when the check is cleared, Action 24/7 will join what is already a crowded Tennessee sports betting scene, with competition likely to increase over the next few months.

Tennessee Sports Betting Law

Betting in Tennessee has been legalized under a stringent set of rules and guidelines. Sports betting in TN is the single online-only model in the United States to date. This means all Tennessee betting has to be done online. Other details of the Tennessee sports betting law include:

• Tennessee sports betting tax rate is 20%
• Licensing costs $750,000 annually
• Operators are required to purchase official league data from professional leagues to accept in-game bets.

Tennessee regulators have also created a controversial minimum hold not used anywhere else in the United States. This rule creates a required 10% hold on all wagers received pushback from industry professionals.

The Tennessee Education Lottery Corporation was selected as the body responsible for online betting across the state, in conjunction with the sports wagering advisory council.

Tennessee online gambling has been live since November 1, 2020, and has posted some very impressive numbers for a state that hasn’t always embraced gambling.

Complete list of legal sports betting apps in Tennessee

If you are a sports bettor in Tennessee, the good news is you have a fantastic range of betting apps to choose from. With all betting done online, there are no retail options available in the state, meaning you can wager on your favorite sports from the comfort of home or on your daily commute. You can choose your preferred TN betting option from the list of apps below:

• BetMGM Sportsbook
• Betly Sportsbook
• FanDuel Sportsbook
• DraftKings Sportsbook
• Caesars Sportsbook
• Hard Rock Sportsbook
• Tennessee Action 24/7 Sportsbook
• Wagr Sportsbook

Please be aware that Action 24/7 had its sports betting license temporarily suspended by the Tennessee Education Lottery. However, the app can now accept wagers again after being granted an injunction.