American Gambling Markets Atlas (AGMA)

States / Tennessee / Sports betting

Is sports betting legal in Tennessee?

Yes. In Tennessee, online sports betting is legal (as of Oct 11, 2026). Online betting launched Nov 2020. Operators pay 1.85% HANDLE in tax.

ChannelStatusLaunchedModelDetails
Sports (online)LiveNov 2020CompetitiveLegalized via Public Chapter 507 (signed/allowed to become law without the Governor's signature, effective 7/1/2019); regulated initially by the Tennessee Education Lottery Corporation with SWC in an advisory role, then transferred to the independent Sports Wagering Council effective 1/1/2022 (Public Chapter 593). 13 operators were licensed as of February 5, 2024. Launch date inferred from the council's earliest monthly revenue reports (November 2020).
Tenn. Code Ann. Title 4, Chapter 49, Part 1 (Tennessee Sports Gaming Act), as amended by 2023 Pub. Ch. 450
[1],[2]
Sports (retail)Not authorizedTennessee is the only major sports-wagering state with an online-only market; no statute authorizes retail/in-person sportsbooks.
Tenn. Code Ann. Title 4, Chapter 49, Part 1 (Tennessee Sports Gaming Act)
[1],[3]

Tax rate

RateSinceNotes
1.85% HANDLE (online)Jul 1, 2023'Public Chapter 450 changed the privilege tax to 1.85% of an operator's gross handle.' Handle defined as the total amount of dollars wagered that a sportsbook has accepted from its bettors. SWC collected ~$93 million total from taxes and fees in FY2023.[1]

Rules

Minimum age to place a sports wager
21 · 'In Tennessee, individuals 21 years of age and older may wager online on approved sporting events...'[1]
Wagering on college sports allowed at all
Yes · Approved league events include 'certain seasonal and post-season awards, and certain collegiate awards.'[1]
Esports wagering allowed
Yes[1]
Online sports wagering available statewide (not tethered to premises)
Yes[1]
Any per-wager fee/tax (e.g. Illinois 2025 per-bet tax) summary
No per-bet tax; the state instead taxes handle directly at 1.85% (see tax_rates) rather than imposing a separate per-wager fee.[1]

Licensed sportsbooks

OperatorBrandChannelStatusLaunched
Bally's CorporationBally BetSports (online)active[4]
bet365bet365Sports (online)active[4]
BetMGMBetMGMSports (online)active[4]
Caesars EntertainmentCaesars SportsbookSports (online)active[4]
DraftKingsDraftKingsSports (online)active[4]
Fanatics Betting and GamingFanatics SportsbookSports (online)active[4]
FanDuelFanDuel SportsbookSports (online)active[4]
Hard Rock DigitalHard Rock BetSports (online)active[4]
PENN EntertainmenttheScore BetSports (online)active[4]

All gambling laws in Tennessee → · Sports betting in every state →

Sources

  1. Performance Audit Report: Sports Wagering Council (May 2024) · retrieved Oct 10, 2026
  2. Tennessee Sports Wagering Council — Reports · retrieved Oct 10, 2026
  3. Sports betting in the United States · retrieved Oct 10, 2026
  4. Licensees & Registrants | Tennessee Sports Wagering Council · retrieved Oct 10, 2026