May 18, 2023: Governor Bill Lee signs Senate Bill 475, which will tax sports betting in the state at a 2% rate on an operator's total handle, moving away from the previous rate of 20% on adjusted gross income. June 16, 2023: Sports betting activity in Tennessee generated $279.8 million in handle for the month of may, according to the Tennessee Sports Wagering Advisory Council. 14, 2023: ESPN BET launches in its sportsbook product in Tennessee.Īugust 11, 2023: WynnBET closes its operations in Tennessee. TN sports betting key developments and updates
