HB 384 was signed into law, classifying sports betting funds as properties and giving Louisiana the right to claim unclaimed betting funds. The funds will be added to the unclaimed property fund, the same as any other unclaimed items after a time. This qualifies for … Read more
Governor John Bel Edwards signed SB 247 the regulatory bill, and SB 142 the appropriations bill for sports betting in Louisiana into law. The bills have been sent to the Department of Interior for federal approval. HB 697 the tax bill was signed earlier and … Read more
The Louisiana State Legislature has finally closed for their 2021 session and with it, have given approval to the final two sports betting bills that were on the schedule. Governor John Bel Edwards has 20 days to sign these sports gaming measures into law. Louisiana … Read more
Louisiana has two bills for their sports betting market that need approvals and one day left in the 2021 session to get it done. Each piece of legislation needs approval from the Senate. Louisiana will tie up these loose ends and approve sports gaming in … Read more
Louisiana is nearing the final passages for sports betting legislation as the 2021 session winds down. Two more bills need to undergo votes by June 10 before they can be sent to Governor John Bel Edwards’ office for approval as law. The retail and mobile … Read more
Louisiana should be seeing mobile sportsbooks go live by the start of the 2021 NFL season. Two of the three sports betting bills in the state need one more vote each before all three can be signed by Governor John Bel Edwards. An estimated $20 … Read more
The Louisiana State Legislature has until June 10 to pass a bill for its sports betting industry. House Bill 697, which would regulate mobile and retail sportsbooks has passed in the House and is now seeking Senate approval. Louisiana hopes to launch its sports wagering … Read more
House Bill 628 looks like the favored bill to become the landscape for the regulated sports betting industry of Louisiana. The measure passed in its first committee on Wednesday and will move forward in the legislative process toward becoming law. LA HB 628 would regulate … Read more
Louisiana now has a legal tax rate of 8% set for its legal Daily Fantasy Sports (DFS) industry with the signing of House Bill 64 by Governor John Bel Edwards on Monday. The Bayou State expects to receive $375,000 in annual revenue from the DFS … Read more
House Bill 64 would tax DFS contests in Louisiana at 8%. The measure passed through its final hurdle in the Louisiana State Legislature on Tuesday. The odds that Governor John Bel Edwards signs the bill are high, as he recently approved similar gambling bills. LA … Read more
Local voters will now be able to choose if they are in favor or against allowing legal Louisiana sports betting in their parish this Fall. Governor John Bel Edwards has signed Senate Bill 130 into law which is why local voters now have a choice. … Read more
Governor John Bel Edwards signed House Bill 357 into law Tuesday making Daily Fantasy Sports (DFS) contests legal in the parishes in Louisiana with DFS. The original law for DFS from last year did not include internet DFS contests which LA HB 357 has now … Read more
