Nine more Louisiana Casinos Apply for Sportsbook Licenses

Nine more Louisiana Casinos Apply for Sportsbook Licenses
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In addition to the four commercial casinos already operating sportsbooks in Louisiana, at least nine more have applied for licenses, a state official said.

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Sportsbooks Have to Go Through Process

The nine additional applicants must complete the licensing process before accepting sports bets, Lt. Robert Fontenot of the Louisiana State Police told State Police troopers are tasked with enforcing Louisiana gaming laws.

“All nine will still have to complete mandatory training and receive sports-booking gaming equipment prior to approval,” Fontenot said.

Across the state, 13 riverboat casinos are in operation, along with a land-based casino in New Orleans and four horse-racing tracks with slot machines, known as racinos.

The publicly traded casino companies operating in Louisiana include Caesars and Boyd Gaming, both headquartered in Nevada.

Also operating in Louisiana are casinos owned by Pennsylvania-based Penn National Gaming and Bally’s Corp. of Rhode Island. These companies also are publicly traded.

In addition, Golden Nugget operates a riverboat casino in the state. A privately held company, Golden Nugget is owned by Houston, Texas-based Landry’s Inc., led by Tilman Fertitta, who also owns the NBA’s Houston Rockets.

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High-Profile Bettors

Last Sunday morning, former New Orleans Saints quarterback Bobby Hebert placed the first legal sports bet in a Louisiana commercial casino. Hebert took underdog Saints and 4.5 points against the Tom Brady-led Tampa Bay Buccaneers.

Hebert placed his bet at the state’s land-based casino, Harrah’s New Orleans, located downtown near the Mississippi River. The property, owned by Caesars Entertainment, soon will be rebranded under the Caesars name.

With the Saints’ upset victory, Hebert collected more than $2,000, which he said would go to charity.

Also this week, three riverboat casinos across the state have begun accepting sports bets at on-site ticket windows.

On Monday, Lt. Gov. Billy Nungesser placed the first bet at Boomtown, a riverboat casino in Harvey, south of downtown New Orleans on the opposite side of the Mississippi River. The floating casino is owned by Penn National Gaming.

The lieutenant governor put $200 on the Kansas City Chiefs in a Monday night game against the New York Giants. With a 20-17 Kansas City victory, Nungesser won the bet, according to his director of communications, Veronica Mosgrove.

Mobile Sports Betting Slated for Next Year

In addition to on-site wagering inside casinos, Louisiana bettors will soon be allowed to use mobile devices such as smartphones in putting money down on live sporting events.

Companies such as DraftKings and FanDuel that provide this service first must win state approval.

Mobile betting is expected to begin by early next year in the 55 of 64 parishes that approved sports betting in a 2020 public vote.

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