Last Updated: 22 January, 2025
The Volunteer State joined the list of states with legal sports betting when they launched mobile-only wagering in November 2020. Due to the state’s lack of retail betting facilities, Tennessee’s sports betting scene is strictly online, as there are currently 11 mobile sports betting apps available.
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Is online sports betting legal in Tennessee? | Yes |
Is in-person sports betting legal? | No |
Is daily fantasy sports legal? | Yes |
Is betting on college sports legal? | Yes |
Is horse racing betting legal? | Yes (online & in-person) |
Is greyhound betting legal? | No |
Is political betting legal? | No |
Is eSports betting legal? | Yes |
Each state has different rules when it comes to betting on collegiate sports. In Tennessee, bettors can wager on in-state college like the Tennessee Volunteers, but they cannot bet on individual college player props. Outside of college player props, bettors in TN also do not have the option to bet on politics.
In addition to sports betting, residents of the Volunteer State can use daily fantasy sports apps. While there aren't any racetracks in Tennessee, bettors can legally bet on horse racing in other states using racebooks.
The process of getting sports betting off the ground in Tennessee went a bit differently than it does in most other states. After PASPA was overturned in 2018, many states rushed to get a sports betting bill passed. Tennessee waited a year until lawmakers introduced HB 0001, which moved through the state's Senate and House without much of a problem.
Based on Tennesse state law, the Governor had ten days to either sign or veto the bill. By taking no action, the bill will automatically become law without a signature, which was the case with the state's sports betting bill. All sports betting in Tennessee is done online. This is not a standard layout among states with legalized sports betting, but it has worked well for Tennessee.
By November 2020, four mobile sportsbooks were available to accept wagers in the state, including BetMGM, DraftKings, FanDuel, and the lesser-known Action 24/7. Because Tennessee does not have casinos or retail betting locations, these sportsbooks were able to obtain a license without having to partner with a retail facility, which is common amongst most states with sports betting legislation.
The Volunteer State’s mobile betting layout has since expanded from the original four sportsbooks. In total, 11 sports betting apps are now available, and more are expected to join the market over time. These additional operators include ESPN Bet, ZenSports, Betly, and the Hard Rock Sportsbook.
Further expansion of the mobile betting market seems imminent, especially since the Tennessee Sports Wagering Advisory Committee took over the process of granting licenses and overlooking the sports betting industry in 2022.
Sportsbook app | Launch date |
---|---|
Bally Bet | October 17, 2024 |
ESPN Bet | November 14, 2023 |
Fanatics Sportsbook | August 16, 2023 |
ZenSports | June 9, 2023 |
Hard Rock Sportsbook | September 6, 2022 |
Betly | August 16, 2022 |
BetMGM | November 1, 2020 |
Caesars Sportsbook | November 1, 2020 |
DraftKings | November 1, 2020 |
FanDuel | November 1, 2020 |
Action 24/7 | November 1, 2020 |
Sportsbook | Details |
---|---|
SuperBook Sportsbook | Ceased all operations on July 19, 2024. It can only be found in retail form in Las Vegas. |
Tennessee’s sports betting bill requires bettors to be at least 21 to place a wager. The Tennessee Sports Wagering Advisory Council enforces rules such as the gambling age.
Since retail betting does not exist in Tennessee, remote registration is 100% legal and the only way to create a mobile betting account in the state. Bettors can create as many mobile betting accounts as they please; they just need to ensure they are within state lines when making a bet. Not only is remote registration fully available to Tennesee bettors, but all gambling winnings in the state are not subject to an income tax, so bettors only need to pay a federal tax of 24% if their winnings exceed $5,000.
In terms of adding more gambling legislation, the Volunteer State does look to be in much of a rush. The discussions of opening up retail betting have been practically non-existent, and the same goes for the potential of the state launching legalized iGaming.
Are online casinos legal in Tennessee? | No |
Are retail casinos legal? | No |
Are social sportsbooks legal? | Yes |
Are sweepstakes/social casinos legal? | Yes |
Is online poker legal? | No |
Is the lottery legal? | Yes |
The launch date of sports betting in Tennessee? | November 1, 2020 |
How many legal sports betting apps are there in TN? | 11 |
How many legal retail betting sites are there in TN? | 0 |
Is remote registration allowed? | Yes |
Legal age for sports betting in Tennessee? | 21+ |
Tennessee's tax rate for betting/gambling winnings | 0% |
Who regulates sports betting in Tennessee? | Tennessee Sports Wagering Advisory Council |
January 15, 2025: As SEC conference play continues to heat up, the Vanderbilt Commodores are (+135) to make the NCAA Tournament.
January 9, 2025: Even after suffering their first loss of the season, the Tennessee Volunteers are still (+1500) to win the National Championship and (+290) to reach the Final Four.
January 2, 2025: To close out their season, the Tennessee Titans will host the Houston Texans as (-1.5) point favorites.
December 18, 2024: The Tennessee Titans are expected to make a quarterback change from Will Levis. Tennessee is (+3.5) point underdogs to the Colts for week 16.
December 13, 2024: The Tennessee Volunteers will head to Ohio State for the first round of the College Football Playoffs, where they are (+7.5) point underdogs.
December 3, 2024: With their win over Vanderbilt, the Tennessee Volunteers are currently (+1800) to win the National Championship.
November 26, 2024: To close out the regular season, the Tennessee Volunteers will head to Vanderbilt, where they are (-11) point favorites over the Commodores.
November 18, 2024: Legendz Social Sportsbook debuts in Tennessee and 42 states, featuring props, parlays, and high RTP. Free play, daily rewards, and real prize redemptions await players 18+.
The amount of casinos in each state varies drastically, and Tennessee is a state that has never had casinos. Whether tribal or commercial, casinos have never been a part of the Volunteer State. As a result, when sports betting was legalized in Tennessee, it was strictly in mobile form.
This sports betting layout has worked perfectly for Tennesee, so the state is unlikely to consider implementing retail sports betting anytime soon.
Tennessee certainly has its fair share of neighboring states, with eight in total. This gives residents five states they can cross the border into and still find legalized sports betting.
The only states travelers won’t find legal sports betting in are Alabama, Georgia, and Missouri. To find out why these states have maintained strict laws on the topic, you can select them in the table below.
State | Online sports betting | Retail sports betting | DFS | Horse Race betting |
---|---|---|---|---|
Georgia | Illegal | Illegal | Legal | Illegal |
Kentucky | Legal | Illegal | Legal | Legal |
Mississippi | Legal (restricted) | Legal | Legal | Legal (in‑person) |
Missouri | Illegal | Legal | Legal | Illegal |
North Carolina | Legal | Legal | Legal | Legal |
Virginia | Legal | Legal | Legal | Legal |
Alabama | Illegal | Legal (restricted) | Legal | Legal |
Arkansas | Legal | Legal | Legal | Legal |
Online operators must pay an annual fee of $750,000 to obtain and maintain a sports betting license in Tennessee. The tax rate for mobile sportsbooks in the Volunteer State is currently set at 20%. In addition to the usual 20% tax rate, mobile operators must also pay a 1.85% tax on the monthly handle. This additional tax stems from the passing of HB 1362, which was passed in 2023.
Although Tennessee only offers mobile sports betting, it is still doing well in sports betting statistics. During 2024 alone, the Volunteer State accumulated just over $5.2 billion in handle and north of $97 million in tax income.
As a side note, as of July 2023, the state has not reported the monthly revenue figures anymore, so the monthly reports include only the total handle and generated tax figures. These last two figures have continually improved, which indicates that the TN betting market is still steadily growing on a year-on-year basis.
Wyoming and Vermont are the only other states with mobile betting and no retail betting, but due to their size, they do nowhere near as well as Tennesee in sports betting revenue data. For comparison, the WY betting market has seen over $540 million in handle since legalizing sports wagering, while Tennessee has seen over $15.8 billion.
Tennessee sports betting record months:
Sports betting handle: November 2024 ($594,387,437)
Revenue: November 2023 ($51,714,138)
Not reported after June 2023
Tax income: November 2024 ($10,969,178)
Gross wagers: $572,715,244
Adjustments: $2,866,028
Gross sports betting handle: $569,849,216
Tax revenue for the state: $10,516,365
Reported by the Tennessee’s Sports Wagering Advisory Council (SWAC).
Report | Total handle | Taxes |
---|---|---|
December 2024 | $569,849,216 | $10,516,365 |
December 2023 | $493,324,646 | $9,104,148 |
YoY change | Up 15.51% | Up 15.51% |
As a reminder, Tennessee Lottery's Sports Betting Council dropped the monthly sports betting revenue off their reports in July 2023. Therefore, the following table shows only the monthly betting handle, its change compared to the previous month, and the tax revenue for 2025.
Month | Handle (MoM) | Revenue (MoM) | Tax income |
---|---|---|---|
Jan. 2025 | N/A | N/A | N/A |
2025 Total YTD | N/A | N/A | N/A |
Month | Handle (MoM) | Tax income |
---|---|---|
Dec. 2024 | $569,849,216 (-4.13%) | $10,516,365 |
Nov. 2024 | $594,387,437 (8.51%) | $10,969,178 |
Oct. 2024 | $547,764,023 (5.17%) | $10,109,043 |
Sept. 2024 | $520,834,560 (52.28%) | $9,612,392 |
Aug. 2024 | $342,021,374 (25.96%) | $6,311,946 |
Jul. 2024 | $271,538,207 (-20.65%) | $5,011,204 |
Jun. 2024 | $342,198,408 (-9.76%) | $6,315,166 |
May 2024 | $379,220,245 (-0.44%) | $6,998,418 |
Apr. 2024 | $380,904,093 (-19.57%) | $7,029,494 |
Mar. 2024 | $473,595,403 (24.50%) | $8,710,419 |
Feb. 2024 | $380,390,401 (-18.38%) | $6,980,317 |
Jan. 2024 | $465,810,583 (-5.58%) | $8,596,621 |
2024 Total YTD | $5,268,513,950 | $97,160,563 |
Year | Handle (YoY) | Revenue (YoY) | Tax income |
---|---|---|---|
2025 YTD | N/A | N/A | N/A |
2024 | $5,268,513,950 | N/A | $97,160,563 |
2023 | $4,285,956,058 (11.31%) | $217,724,656 (-42.62%) | $83,557,513 (22.78%) |
2022 | $3,850,547,905 (41.01%) | $379,409,890 (58.50%) | $68,052,961 (72.11%) |
2021 | $2,730,712,900 (775.86%) | $239,381,100 (803.05%) | $39,540,000 (626.32%) |
2020 | $311,777,000 | $26,508,000 | $5,443,918 |
TOTALS | $16,447,507,813 | $863,023,646 (*) | $293,754,955 |
* = The total gross sports betting revenue is as of July 2023. From that month on, the Tennessee Sports Wagering Council stopped publishing revenue totals in its monthly reports.
Tennessee does not have any retail betting facilities available to bettors. Instead, as of January 2025, residents have access to 11 mobile betting apps, along with multiple DFS sites, racebooks, social sportsbooks, and even sweepstakes casinos.
In November 2024, Tennessee made just shy of $11 million in tax revenue, which is the most the state has ever made since legalizing sports betting. This month, the TN betting market saw a total of $594.4 million worth of placed real-money wagers.
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