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п»їWagering wins: Most Louisiana parishes back sports betting.
BATON ROUGE, La. (AP) — Sports betting won with voters in most of Louisiana’s parishes on Election Day.
Voters in at least 52 of Louisiana’s 64 parishes agreed in Tuesday’s election to legalize sports wagering in their parishes, while voters in at least five other parishes refused to allow the gambling within their legal limits. The Associated Press deemed another seven parishes too close to immediately call.
The parishes that approved represent most of Louisiana’s population, including all of the major metro areas, in a state that already has a lottery, casinos, video poker and slot machines at racetracks.
But sports betting on live-action games is likely at least a year away because lawmakers still have to set the tax rates and regulations.
Sports betting opponents, such as pastors and the conservative Louisiana Family Forum, had a difficult time fighting the organized pro-wagering message of gambling companies that poured more than $2 million into a political action committee called Louisiana Wins.
“The people of Louisiana have spoken. Louisiana was missing out on tax revenue from not having legal sports wagering, and now we will be able to raise revenue to support our state’s many needs,” Ryan Berni with Louisiana Wins said in a statement.
However, estimates of the taxes Louisiana could bring in from sports betting vary widely — and depend on how expansive lawmakers allow the wagering to be.
Parishes where voters refused to legalize sports betting include rural Catahoula, Franklin, LaSalle, West Carroll and Winn. In seven parishes, the decision remained unclear: Beauregard, Caldwell, Grant, Jackson, Richland, Sabine and Union.
Tuesday’s sport betting victory was even larger than a similar win two years ago, when residents of 47 parishes agreed to legalize fantasy sports competitions for online cash prizes.
Voter legalization in a parish is only the first step of a multistep process, however.
Determining which live action sports games will be allowed in the gambling, where the wagers can happen and how the activity will be taxed must be settled in a future legislative session. Lawmakers — who agreed in a two-thirds vote to let parishes decide whether to legalize sports betting — must create the licensing, regulation and tax framework before wagering begins.
In other statewide propositions beyond sports betting, voters backed five of the seven constitutional changes proposed, while overwhelmingly rejecting two amendments recommended by lawmakers.
Notably, more than 62% of voters agreed to rewrite the Louisiana Constitution to ensure it does not offer protections for abortion rights, a provision that would become relevant if the U.S. Supreme Court’s Roe v. Wade decision that legalized abortion nationwide is overturned.
On the other amendments, voters:
—Approved Amendment 2 to change the way oil and gas wells are assessed for property taxes, allowing a well’s production to be included in determining the fair market value.
—Agreed to Amendment 3 to let lawmakers use the state’s “rainy day” fund to offset costs tied to federally declared disasters, like a hurricane.
—Rejected Amendment 4, a proposal pushed by conservative lawmakers that would have recalculated Louisiana’s cap on annual growth in government to make it harder for lawmakers to increase spending beyond certain limits.
—Refused Amendment 5, which would have let manufacturers and local government agencies negotiate financial deals to replace the property taxes these companies could owe for industrial expansion.
—Approved Amendment 6 to allow higher-income homeowners to qualify for a special freeze in their property tax assessments.
—Backed Amendment 7 to lock up Louisiana’s unclaimed property dollars in a trust fund that cannot be used to pay for state operating expenses.
Fantasy sports betting in Louisiana could begin this spring.
BATON ROUGE, La. (AP) — Businesses that want to operate fantasy sports betting in the 47 Louisiana parishes that approved it two years ago can start applying in February, under action by the state gambling board Thursday.
The Louisiana Gaming Control Board adopted the final regulations and licensing application needed for the online cash prize competitions to start later this year, as early as April or May.
Maj. Chuck McNeal, with the Louisiana State Police’s Gaming Enforcement Division, told the board that fantasy sports contest operators can start submitting the applications Feb. 19. He said the suitability investigations conducted by the State Police usually take 60 days to 90 days to complete before an entity can appear before the Louisiana Gaming Control Board for a gambling license.
Under that timeline, fantasy sports betting operations could be up and running by the spring, if the gambling board approves their licenses.
In fantasy sports, people create imaginary teams of real-life sports players and score points based on how those players perform in actual games. Websites such as DraftKings and FanDuel charge an entry fee and offer payouts to winners.
Voters in nearly three-quarters of Louisiana’s 64 parishes agreed in the November 2018 election to legalize fantasy sports betting. Lawmakers have since set the tax rates and the regulatory process. All that remains are the licensing decisions for individual operators from the Gaming Control Board.
Participants in the competitions have to be at least 21 years old. The games only will be permitted in parishes where voters authorized it, but anybody will be able to log into the online sites if they travel to those parishes.
Louisiana fantasy sports betting rules approved by state lawmakers.
The vote Wednesday started the process for approving operators so the competitions for online cash prizes can begin. Operators of fantasy sports contests have to be licensed by the Louisiana Gaming Control Board. Anybody will be able to log into the online sites if they travel to any of the 47 parishes that legalized the vertical.
ouisiana lawmakers on Wednesday agreed to regulations governing fantasy sports betting in the 47 parishes that approved it two years ago.
The rules devised by the Louisiana Gaming Control Board and the attorney general’s gaming division received unanimous backing from the House and Senate committees that oversee gambling laws, the Associated Press reports. The move started the process for approving operators so the competitions for online cash prizes can begin.
Nearly three-quarters of Louisiana’s 64 parishes voted in the November 2018 election to legalize fantasy sports betting. Lawmakers have since set the tax rates and the regulatory process governing the activity. The more detailed rules were set with Wednesday’s vote.
Operators of fantasy sports contests have to be licensed by the Louisiana Gaming Control Board. Participants in the competitions have to be at least 21 years old. And the imaginary teams can’t involve participants in high school or youth sports events.
In addition, there are extensive audit and reporting requirements, and players will have to register to participate in the betting. Though the games only will be permitted in parishes where voters authorized it, anybody will be able to log into the online sites if they travel to those parishes.
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