Fantasy sports betting companies can begin submitting applications this month to offer that service in…
Posted on: Might 11, 2021, 04:09h.
Final up to date on: Might 11, 2021, 04:27h.
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A invoice to permit cellular sports activities betting in Louisiana has cleared the state Home of Representatives and now heads to the Senate for consideration. Senate President Web page Cortez (R) already has mentioned he helps cellular wagering on reside sporting occasions.
From left, Sen. Web page Cortez, Rep. John Stefanski, and Rep. Clay Schexnayder confer on the Capitol in Baton Rouge. This 12 months’s legislative session ends June 10. (Picture: Related Press)
Home Invoice 697 by Rep. John Stefanski (R) would enable sports activities bettors within the state to position wagers on cellular gadgets, comparable to smartphones.
The measure handed within the Home on Monday on a 78-24 vote, in keeping with the Louisiana State Legislature bill-tracking web site. Stefanski represents the South Louisiana city of Crowley.
The individuals spoke,” Stefanski mentioned after Monday’s vote.
Cortez, who represents Lafayette, has mentioned sports activities betting will generate “significant income” provided that allowed on cellular gadgets. He has estimated cellular sports activities betting might generate $10 million to $20 million in tax income annually.
Along with permitting cellular sports activities betting, HB697 units a ten % tax charge on sports activities bets positioned in particular person at casinos, in keeping with the Baton Rouge Enterprise Report. The cellular tax charge can be 18 %.
Underneath Stefanski’s invoice, betting kiosks can be allowed in bars and different locations which have authorized video poker terminals.
Many truck stops and bars throughout the state are outfitted with video poker machines. The house owners of those institutions had expressed concern that sports activities betting would minimize into their video poker enterprise, in keeping with the Enterprise Report.
Bordering States Lack Cell Betting
In Mississippi, which borders Louisiana to the east, cellular betting is allowed if the particular person putting a wager is on on line casino property. Nevertheless, not one of the 26 industrial casinos in Mississippi provide that service, Allen Godfrey, spokesman for the Mississippi Gaming Fee, advised On line casino.org.
In Arkansas, authorized sports activities betting solely happens at ticket home windows or kiosks contained in the state’s three casinos. Arkansas borders Louisiana to the north.
Texas, the bordering state on the west, doesn’t allow authorized sports activities betting.
Louisiana is residence to 13 riverboat casinos, one land-based on line casino in New Orleans, and 4 racinos. Racinos are horse tracks which have desk video games and slot machines.
Two different riverboat casinos are licensed within the state. Nevertheless, one riverboat within the Shreveport-Bossier Metropolis space has closed completely. One other in Lake Charles was broken throughout final 12 months’s hurricane season and is closed quickly. Riverboat casinos in Louisiana now are allowed to function on shore.
In November, voters in 55 of 64 Louisiana parishes supported a poll measure to allow sports activities betting throughout the boundaries of their parish.
The vote handed overwhelmingly within the parishes the place the massive cities, together with Baton Rouge and New Orleans, are situated. The measure didn’t specify whether or not sports activities betting may very well be accomplished on cellular gadgets.
The Louisiana legislative session ends on June 10 at 6 pm on the Capitol in Baton Rouge. State officers have mentioned that with taxation and regulation points to be resolved, sports activities betting most likely received’t be up and working in Louisiana till 2022.
The state is taken into account a hotbed for sports activities fans. New Orleans is residence to 2 skilled groups, the NFL’s Saints and NBA’s Pelicans. The state additionally has an energetic base of collegiate sports activities followers, particularly for soccer.
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