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Louisiana

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LEGALIZATION DATE
June 21, 2021

MARKET LAUNCH DATE
Retail: October 6, 2021
Online: January 28, 2022

AUTHORIZED OPERATORS
Commercial casino, tribal casino, racetrack & online operators.

LA Lottery through online and kiosks in local bars and restaurants.

Licenses could also be issued to video poker establishments, OTBs, and fantasy sports operators if not all commercial casinos and racetracks apply for a license.

All wagering restricted to 55 of 64 state parishes.

RESTRICTED BET TYPES
None

AGE REQUIREMENT
Must be 21+

BETTING ACCOUNT REGISTRATION
Customers of online sportsbooks are not required to register or fund their accounts in person

TAX RATE
10% on retail sports betting revenue
15% on online/mobile sports betting revenue

TAX REVENUE ALLOCATION
Tax revenue must first be applied to the Bond Security and Redemption Fund to pay state bond liabilities, then they are allocated as follows:
– 25% (not to exceed $20 million) to the Early Childhood Education Fund
– 10% by proportionate distribution to each parish where the taxable conduct occurred
– 2.5% to the Sports Wagering Purse Supplemental Fund
– 2% or $500,000, whichever is greater, to the Behavioral Health and Wellness Fund
– 2%, up to $500,000, to the Disability Affairs Trust Fund
– Remaining money to the general fund

LICENSE FEES
Operators: $750,000 initial application and license fee, $500,000 renewal fee every 5 years
Platform providers: $350,000 initial application and license fee, $250,000 renewal fee every 5 years

Regulator details

Louisiana Gaming Control Board

7901 Independence Blvd.

Building A

Baton Rouge, LA 70806

225-925-1846

http://lgcb.dps.louisiana.gov/

LGCB@la.gov

Chairman: Ronnie Jones

Is there a self-exclusion register in the state?

Yes, available here: http://www.lsp.org/gaming/exclusion.html