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
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
Louisiana House Bill 357 passed in the House a day before adjournment on June 1. The measure would make DFS online cash prize contests legal as long as the Governor approves. BATON ROUGE, La. – A Louisiana Daily Fantasy Sports (DFS) bill passed in the … Read more
Senate Bill 130 that allows residents in the state to vote on legalizing sports betting in their particular parish passed on Wednesday. LA SB 130 will now go to Governor John Bel Edwards for his signature of approval. Once Edwards decides to sign or veto … Read more
The Louisiana State Legislature will hold a debate for Senate Bill 130 on May 27 to put legalizing sports betting on the November 2020 ballot. Senator Ronnie Johns, a sponsor for LA SB 130 spoke to LegalSportsBetting and is positive about the future of legal … Read more
The Louisiana Legislature will see at least five sports betting bills when the session begins next week. The Bayou State has been trying to legalize gambling on sporting events to no avail since the overturn of PASPA in 2018. Governor John Bel Edwards has said … Read more