Caesars Launches Louisiana Sportsbook

With Louisiana’s sports betting market nearing a launch, soon-to-be punters in the state can now download Caesars’ mobile sportsbook. 

The app is effectively in full operation; players can do everything other than place bets, which they’ll be able to do as soon as the market goes live. 

What’s available on Caesars’ Louisiana app? 

Early sign-ups will receive a $100 free bet bonus, which they can use as soon as the Pelican State permits sports wagering. Players can already deposit into their accounts, and those that add a minimum of $50 will receive a different kind of free bet. This one will focus on matching the same number of points that the state’s top sports teams score in the first week of launch. 

Players can access markets on several sports, including NFL and NBA. They’ll be able to find live betting options, in addition to pre-game ones. 

Eric Hession, Co-President of Caesars Digital, said: “Louisiana and the entire Gulf Coast region are a special part of the Caesars family. We couldn’t be more excited to build on our longstanding commitments in the state with the launch of legal sports betting.” 

Hession continued: “We know how passionate Bayou State sports fans are about their teams, and we’re confident our brand-new Caesars Sportsbook app and the exciting offers we have for launch can offer them a sports experience that can’t be matched.” 

Sports betting in Louisiana: The story so far

In late 2020, residents in the Bayou State were given the opportunity to vote on whether or not they wanted sports betting to become regulated. The referendum enabled parishes where the majority voted in favour of the vertical to launch it, with those who didn’t missing out on the opportunity. 

The overwhelming majority of residents in the state wanted sports betting to become regulated. In the end, 55 of 64 parishes voted to give the green light. 

At the time, Ryan Berni — a group of individuals in favour of sports betting — said: “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.  

“Our Louisiana Wins coalition brought together industry, business groups, and community leaders to educate voters and approve this ballot measure that will help fund priorities here in Louisiana.” 

Berni continued by saying: We look forward to working with the Louisiana Legislature as they develop a framework for sports wagering in the 2021 legislative session so that we can deliver on the mandate from voters and quickly bring that tax revenue home to Louisiana.”

What will sports betting in Louisiana look like? 

Despite the referendum taking place last year, passing new taxes in Louisiana is only possible in an odd-numbered year. 

Both land-based and digital sports betting in the Creole State will become legal when the market goes live. Players will need to be aged 21 or above to place wagers. 

In terms of tax, the rate stands at 10% for land-based venues and 15% for betting via digital means. If players don’t live in a parish that voted yes in last year’s referendum, they’ll need to travel to one that did.