what states is online sports betting legal

15, 2023: The Sports Wagering Advisory Council (SWAC) estimates that Tennessee missed out on about $11 million in tax revenue in 2022 because multiple operators - including Caesars, DraftKings, and BetMGM - failed to hit the state's 10% hold rule.įeb. 24, 2023: Following a strong showing in December, Tennesse's sports betting handle fell in January by nearly 7%. However, it has no specific launch date planned.įeb. March 1, 2023: Fanatics receives its mobile sports betting license in Tennessee. A 1.85% tax on sports betting handle would replace the current 20% tax on gross revenue.Īpril 19, 2023: Tennessee sportsbooks take in $392.6 million in sports bets in March - a 20% bump from the state's February handle. Bill Lee, Tennessee will become the first state to tax sports betting operators on their total handle. Current Fanatics customers will receive a unique code to access the app.Īpril 25, 2023: Yahoo acquires Wagr, a social peer-to-peer sportsbook app founded in Nashville, TN.Īpril 21, 2023: The House approves HB 1362, an amended version of the Senate's SB 0475. May 1, 2023: Fanatics Sportsbook launches its mobile app in Tennessee and Ohio.Īpril 27, 2023: Fanatics plans to launch its sports betting app in Tennessee on Monday, May 1. Bill Lee approves changes to Tennessee's sports betting tax rule. June 13, 2023: ZenSports launches in Tennessee, making it the thirteenth mobile operator in the state.

June 28, 2023: Tennessee will soon tax sportsbooks based on their betting handle instead of their revenue. 11, 2023: WynnBET Tennessee announces the closure of its online sports betting operation as soon as possible. 14, 2023, with online sports betting going live in 17 U.S. 2, 2023: ESPN BET plans to launch on Nov. 14, 2023: ESPN BET goes live with online and mobile sports betting, launching in Tennessee and 16 other states. Review this timeline of Tennessee's sports gambling history for an overview of its milestones: Lee vehemently opposed gambling but understood that legal online sports betting was in his state’s best interest.

Bill Lee agreed to allow the bill to become law without his signature. On July 1, 2019, the Tennessee Sports Gaming Act came into effect as Gov.

What states is online sports betting legal