• About Us
  • Advertise
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Team
Tuesday, May 13, 2025
  • Login
Casino Times
  • Betting
  • Casino
  • Gambling
  • Gaming
  • Poker
  • Sports
  • Review
    • Bovada
    • BC.Game
    • Duelbits
    • Vave
No Result
View All Result
  • Betting
  • Casino
  • Gambling
  • Gaming
  • Poker
  • Sports
  • Review
    • Bovada
    • BC.Game
    • Duelbits
    • Vave
No Result
View All Result
Casino Times
No Result
View All Result

Louisiana Lawmakers Expect Sports Betting to Start This Fall

Nicolle Erickson by Nicolle Erickson
May 27, 2021
in Sports
0
Louisiana Lawmakers Expect Sports Betting to Start This Fall

Under the bill setting up the wagering laws, people in Louisiana could start betting on sports events as early as the fall through sportsbook sites, kiosk locations, and mobile sites. The bill is expected to be passed by the end of the week.

Before it reaches Gov. John Bel Edwards’ desk, the legislation must go through a few more procedures, including a House floor discussion. However, lawmakers have shown little opposition to a bill supported by the Senate’s leader, especially after the majority of the state’s voters approved legalizing sports betting.

Sports betting on live-action games was approved by voters in 55 of Louisiana’s 64 parishes, but lawmakers must still define the regulations and tax rates before the gambling can begin. The tax bill has already received final legislative approval, leaving just the regulations to be approved.

The proposed regulations would create 20 sports betting licenses, with Louisiana’s casinos and racetracks getting first shot at them. If those casinos and racetracks do not apply for all 20 licenses by January 1, fantasy sports betting operators and video poker facilities in the 55 parishes where sports betting is permitted will be able to apply for any remaining licenses.

Any operator who obtains a license to handle onsite sports betting might also provide wagering via a website and mobile app. The Louisiana Lottery Corporation would also manage its own sportsbook through an internet site, mobile app, and kiosk sites that may be set up in bars and restaurants under a separate law already on the governor’s desk.

The state would tax the sports betting operators’ net gaming earnings under that law, with a 10% tax on gambling at onsite facilities and a 15% tax on gambling through mobile applications and electronic devices. It would also determine the sports betting operators’ application and license expenses.

Only if Cortez’s regulatory bill is passed by the legislature will the policy take effect.

Legislators haven’t chosen how they’ll spend the money that sports betting may bring in.

Previous Post

Linda Johnson & Jan Fisher to Attend the Casino Collectibles Association Show

Next Post

Richmond, Va., Offers Casino Reduced Gaming Tax, Project Surges to $562.5M

Next Post
Richmond, Va., Offers Casino Reduced Gaming Tax, Project Surges to $562.5M

Richmond, Va., Offers Casino Reduced Gaming Tax, Project Surges to $562.5M

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Trends and Future Outlook for Crypto Blackjack

Trends and Future Outlook for Crypto Blackjack

by Caris Tyler
June 14, 2024
0

Crypto Blackjack is the digital version of the traditional casino game Blackjack but with cryptocurrency as the mode of transaction....

The impact of cryptocurrencies on online gambling

The impact of Cryptocurrencies on online gambling

by Jackson Daniel
December 19, 2023
0

The practice of wagering money on games has existed since ancient times. However, with the rapid aggrandizement happening daily, the...

Online lottery strategies Play and win from home

Online lottery strategies: Play and win from home

by Derek Joyner
November 10, 2023
0

Today’s digital era is no less than a blessing, as it has made our lives more convenient. For those looking...

FAQs on Crypto Casinos

FAQs on Crypto Casinos – All You Need to Know

by Clinton Pritchard
March 21, 2022
0

Introduction In 2020, social distancing and public lockdowns had closed the doors of several casino establishments around the world. Professional...

Casino Times

Address: 44 Newhall Street Birmingham B3 3PN
Email: contact@casinotimes.news

Category

  • Betting
  • Casino
  • Gambling
  • Gaming
  • Poker
  • Sports

Recent Post

  • Trends and Future Outlook for Crypto Blackjack June 14, 2024
  • The impact of Cryptocurrencies on online gambling December 19, 2023
  • Online lottery strategies: Play and win from home November 10, 2023
  • About Us
  • Advertise
  • Contact Us
  • Editorial Policy
  • Privacy Policy
  • Team

Copyright © 2025. Casino Times.News. All Rights Reserved.

No Result
View All Result
  • Betting
  • Casino
  • Gambling
  • Gaming
  • Poker
  • Sports
  • Review
    • Bovada
    • BC.Game
    • Duelbits
    • Vave

Copyright © 2025. Casino Times.News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In