Finance & Revenue
What’s the deal? Louisiana Legislature passed legalized sports betting, but required parishes to vote to approve it. The November 2020 election had 55 of the 64 parishes voting in favor of sports betting. Now the 2021 Legislature is creating the rules for sports betting. Last year the Gaming board approved a 8% tax ons ports betting.
Why is this important? Other states are grappling with the mode and method to approve sports betting in their state.
How will this be important? A legislator doesn’t vote directly for sports betting, the legislator votes to all the voters to approve sports betting. There are still unanswered questions for the 2021 Legislature, such as will there be online sports betting? Will bets only be placed at casinos?
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