In what would be a historic milestone, legalized sports betting could be coming soon to Louisiana.
State Senator Danny Martiny pre-filed the 2019 Louisiana Sports Wagering Control Act on March 27, according to BettingUs.com.
The bill, which is known as SB 153, would give Louisiana’s casinos and horse racing tracks the right to apply for sports betting licenses within the Louisiana Gaming Control Board (LGCB).
Venues that are granted the license would have the capacity to offer odds on professional and collegiate sporting events.
The proposed legislation has not mentioned a tax rate or licensing fee for sports betting in Louisiana, according to BettingUS.com. In addition, mobile sports betting will be allowed but the terms discussed in the bill implies mobile sports betting will be restricted to on-site betting.
Could Louisiana legalize sports betting by the end of the year?https://t.co/xA6SBjCVxc
— BettingUS.com (@BettingUS_com) April 1, 2019
“Electronic sports wagers shall be placed only in the gaming area of the riverboat, eligible facility, or official gaming establishment as determined by the board,” per the bill.
If the bill passes, mobile sports betting in Louisiana will be comparable to the Mississippi mobile sports betting system. Mississippi is currently only has on-site wagering.
The bill is being introduced months after Louisiana voted to legalize daily fantasy sports games. The legislation for legalizing daily fantasy sports was also brought about by Senator Martiny.
It seems as if SB 153 will have a similar process as Louisiana’s daily fantasy sports bill. That bill was approved from 47 of the state’s 64 parishes.
Louisiana voters will have to authorize sports betting at a parish level. The voting on the bill will be on October 12. After that, eligible venues in parishes which approved sports betting can start the application process to obtain sports betting licenses.
With Martiny’s introduction, Louisiana is now the 35th state with a sports betting bill on file in 2019 according to LegalSportsReport.com.