Two bills in Louisiana have advanced on Tuesday, moving forward to the Senate, which would allow residents of the state to bet on sporting events at sportsbook locations and through mobile apps. Louisiana Sports Betting Bills Move Forward to the Senate Louisiana residents could be able to start betting on sporting events at sportsbook facilities […]
A total of 55 parishes in Louisiana support sports wagering. While FanDuel is currently collaborating with the local authorities about the launch of its product, it is up to the lawmakers to give the green light. If Louisiana’s legislature approves the activity, it may be launched just in time for the start of the football […]
Louisiana took its first step forward with legalized sports gambling when state voters approved a ballot measure authorizing the activity last year. That was only a small step, however, and much more work is needed. As the Louisiana Legislation resumes today, one of the topics is almost certainly going to be sports gambling, with several […]
Ousted from his position last summer as a chair of the Louisiana Gaming Control Board, Ronnie Jones, is reportedly joining Entain’s workforce as an advisor. Ex-chair of Louisiana Gaming Control Board Reportedly Joins Entain The UK gaming leader, Entain, maybe having a new member with gambling regulation experience as a part of its advisory board. […]
Louisiana expects to see the first daily fantasy operators open up in the state before the summer, with sports betting also on the move, but still a long way to go. Daily Fantasy Sports Eyeing Pre-Summer Launch in Louisiana Fantasy sports betting will be coming to Louisiana soon after all, and the state’s 47 parishes […]
The coronavirus pandemic hammered Louisiana’s gambling industry with huge financial losses, which might reach $1 billion by December. Nearly 5,000 casino employees lost their jobs. All Gambling Segments Report Losses Due to Covid-19 Louisiana’s gaming industry finished 2020 with great financial losses due to the forced closures for almost two months, and the ongoing measures […]
The COVID-19 pandemic impacted multiple U.S. industries last year. Besides temporary closures, the pandemic led to a significant decrease in gambling tax revenue in Louisiana. The Pandemic Significantly Impacted Multiple Industries The global COVID-19 pandemic made 2020 a difficult year for businesses across the globe. The U.S. was one of the countries that has felt […]
Louisiana lawmakers agreed Wednesday on Daily Fantasy Sports (DFS) regulations, prompting the LGCB to start licensing operators. Forty-Seven Parishes Will Offer DFS Daily Fantasy Sports (DFS) play in Louisiana could soon be regulated, more than two years after its legalization in 47 of 64 parishes. The state’s House and Senate Committees in charge of gambling […]
Casino giant Caesars Entertainment announced today it entered into a definitive agreement to sell Belle of Baton Rouge riverboat casino and hotel in Louisiana to CQ Holding Company. GLPI Retains Ownership The riverboat property is owned by Gaming and Leisure Properties (GLPI) and Caesars is operating it under a master lease agreement with the real […]
A trio of states voted in favor of ballot measures for the legalization of sports betting and fueled buying interest for stocks of sports betting operators on the markets Wednesday morning. Boston-based daily fantasy sports and betting operator DraftKings had its biggest rally in 3 weeks, posting gains of 6.2%, followed closely by Penn National […]
