Tag: Louisiana sports betting
The Launch of Louisiana Mobile Sports Betting
Today is the big day for Louisiana mobile sports betting, as six big-time operators officially go live in the state! the activity was originally legalized way back in November of 2020, but delays related to tax laws and the pandemic pushed the launch date back until now. Residents of Louisiana will be able to chose from popular providers, such as BetMGM, Caesars, DraftKings and FanDuel. Also available are the Barstool Sports and BetRivers apps. For what it’s worth, Caesars is an official sports betting partner of the New Orleans Saints, New Orleans Pelicans and Louisiana State University. Plus, they operate…
Louisiana Sports Betting Eyes October 1st Launch
After Hurricane Ida pushed the launch of Louisiana sports betting back, things look to be on track once more. Originally slated to roll out in September, all indications are residents will be able to bet on sporting events by mid-October… if not sooner. In an interview with USA Today, the Chairman of the Louisiana Gaming Control Board, Ronnie Johns, stated that the state “Our goal now is to have them up and running by Oct. 1st”. However, operators from outside of the state have not been licensed as of yet. The Board hopes to have some at least some of…
Betting on Sports in Louisiana Signed into Law
Last week we reported that betting on sports in Louisiana needed only the governor’s signature to become law. That signature came this week. Governor John Bel Edwards actually signed a pair of bills, with the first bill regulates sports bets. The second one provides guidance for the use of the funds generated from sports bets placed in the state. The process of legalizing betting on sporting events was relatively simple and quick, as politics go. Voters in the state approved sports wagering in November of last year, just seven short months ago. Sports bets will now be allowed in 55…
Louisiana Sports Betting Awaits Governor’s Signature
Months after most Louisiana sports betting was approved by voters, lawmakers have passed the rules which will allow wagers to be places through betting sites, mobile apps, and kiosks in parishes where the activity was approved. Voters in 55 of Louisiana’s 64 parishes agreed to allow sports betting on live-action games, but lawmakers had to set the rules and the tax rates before the gambling can begin. The tax bill received final legislative passage earlier in the session. Democratic Governor John Bel Edwards is expected to sign the measure into law, and Louisiana sports betting should begin as early as…
The Fight for Louisiana Sports Betting
There have been a lot of bills introduced for the regulation of Louisiana sports betting. Now, estimates are that the activity could be launched as early as this fall, perhaps in time for the NFL season. Senators in Louisiana recently voted 31-6 on a bill to allow sports bets to be placed on smartphones, in casinos, at approved kiosks, and even in restaurants that serve liquor. The bill must now go before the Louisiana House. A survey last year found that 65% of state residence approve of the regulation of sports wagers. Louisiana State Police Gaming Enforcement Division spokesperson Chuck…
Louisiana Sports Betting Opportunity Wasted
The possibility of Louisiana sports betting appears to be lost for the year after the state’s House of Representatives rejected amendments bill that would have legalized wagering. That original House bill primarily focused on regulating daily fantasy sports in the state, but was amended by the Senate to include betting on sports. Had it been approved by the House (and secured a majority of votes in a state election of Louisiana citizens) it would have enabled to establishment of regulatory framework for sports betting. However, the House rejected the bill quickly in a 97-0 vote. The current legislative session ends…