On Thursday morning, the Louisiana Gaming Control Board (LGCB) passed a set of emergency sports betting rules that will come into effect on Monday 23 August.
As a result, Louisiana’s sports betting market could go live during the upcoming football season.
Louisiana Gaming Board approves emergency betting rules
Yesterday, the LGCB adopted emergency rules for sports betting in the state of Louisiana.
The LGCB did not publish the rules or provide them to stakeholders before unanimously approving them. However, LGCB Director Ronnie Johns said his staff did get some input from stakeholders and some suggestions were worked into the rules.
The rules will come into effect on Monday and will expire after a 180 day period. During this period, the LGCB will be able to work on permanent sports betting rules. The LGCB will also be able to start the licensing process for the state’s 20 land-based and riverboat casinos.
If necessary, the emergency rules can be extended for another 180 days.
Although there was no indication of when Louisiana sportsbooks could launch, Johns said he believes the activity could launch so that people could bet on the NFL this year.
During the meeting, Johns said: “This is incredible. This is a lot of hard work that went into putting this together and very comprehensive. I don’t think any of us had an inkling we’d be adopting these this quickly. This has been the No. 1 question asked of me: When is sports betting coming?”
Johns added: “We’re going to do it as fast as we can, but in a compliant way.”
Last week, Johns told a Shreveport radio station that it would be possible for sports betting to go live before the end of the year.
Who can apply for a sports betting licence
The state has 20 land-based and riverboat casinos that could apply for a sports betting licence. Each licensee can operate up to two skins for mobile sports betting in the state.
The Louisiana Lottery will also be awarded a licence that will allow it to operate a mobile app and kiosks at bars and restaurants.
Potential sportsbook brands could include Caesars as the company owns a Harrah’s casino in New Orleans. Caesars also took over naming rights to the New Orleans Saints’ Superdome. The operator also relaunched its mobile sportsbook product earlier this month.
In their recent earnings reports, both BetMGM and DraftKings named the state of Louisiana, suggesting they plan to enter the market.
Other sportsbooks with links to casinos in the state include Barstool Sportsbook, Bally Bet, Golden Nugget, TwinSpires, and FanDuel.
Sports betting in Louisiana
Louisiana voters in 55 of 64 parishes legalised mobile and retail sports betting during the November 2020 election.
Then in June 2021, lawmakers approved legislation outlining the framework for sports betting as well as the taxation system.
Governor John Bell Edwards then went on to sign the legislation into law on 23 June.