Latest Updates on Louisiana Online Gambling Laws: Explained
The Louisiana gambling laws of 2021 make in-person and online sports betting possible and this has been the case since June 22. That's when Gov. John Bel Edwards signed SB 247 into law and opened the doors to a new era in the Bayou State’s gambling history.
Up until recently, only bricks and mortar casinos have been legal within the state. However, with new regulations in place, including clear rules regarding taxable income, locals now have the chance to bet on NFL, Major League Baseball, and more.
Want to pre-register from Louisiana? Here’s where:
Anyone age 21+ and within state lines will even be able to bet on daily fantasy sports (DFS), and it really is a new era for gambling in Louisiana.
Louisiana's sports betting bill contains provisions for up to 41 in-person and online sportsbooks. As per SB 247, the state’s 20 casinos can apply for a sports betting license. Thirteen had applied as of Oct. 25, and all local operators are expected to offer sports betting by early 2022.
Any licenses that aren’t claimed by casinos will be offered to racetracks and lottery kiosks with Class A liquor licenses. The state will also allow online sports betting via desktop and mobile devices.
A variety of established brands have already been approved or pre-approved to offer online betting from within LA state lines. This includes the likes of DraftKings and FanDuel alongside Golden Nugget, Penn National Gaming, Caesars Sportsbook, and Boyd.
Updates on Daily Fantasy Sports in Louisiana
Daily fantasy sports betting has also been approved in Louisiana. Leading DFS operator DraftKings has been licensed by the Gaming Control Board. This will be the first time DFS contests have been available in Louisiana and DraftKings expects to make more than $15 million net revenue during its first year.
Louisiana Sports Betting Laws
Louisiana sports betting could generate more than $35 million in annual tax revenue. However, to ensure the state, licensees, and customers are safe, there are rules that govern the industry. Here are some of the most important sports betting regulations in Louisiana:
- Customers have to be 21+.
- You have to make in-person bets at licensed gambling establishments.
- Online sports betting sites must verify every customer's identity.
- Only people in Louisiana will be able to bet on sports via their desktop or mobile.
- All bettors will have to enable an app’s geolocation software to verify their location.
- In-person sportsbooks will pay 10% tax on profits. Online sportsbooks will pay 15%.
Sports betting won’t be available in nine parishes. These areas will be “geofenced,” which means online sportsbooks won’t be accessible and nor will retail betting stores. The nine parishes are:
- West Carroll
Are Online Casinos Legal in Louisiana?
Online casinos won’t be legal in Louisiana. This may change in the future if online sports betting proves popular. However, right now no casino sites have been licensed in the Bayou State.
The Future of Sports Betting in Louisiana
Gambling in Louisiana has the potential to become a multi-million-dollar market. With a population of almost 4.7 million and plenty of local sports teams, including the New Orleans Pelicans and New Orleans Saints, the industry’s success looks to be a safe bet. You can get involved as early as today by pre-registering an account:
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