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Fantasy Sports

Louisiana voters to decide on the fate of legalizing sports betting apps on November 6

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7 years ago

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Louisiana voters to decide on the fate of legalizing sports betting apps on November 6
Photo Source: Nola.com
Reading Time: < 1 minute

 

Louisiana will put to vote whether to legalise fantasy sports betting apps such as DraftKing and FanDuel or not. The voting is scheduled on November 6. Gov. John Bel Edwards has signed a new law approved by the Legislature that calls for the election.

The move, proposed by Rep. Kirk Talbot, R-River Ridge, allows each parish to approve fantasy sports gambling. If a parish voted against it, online betting apps will not be allowed in that parish.

Online fantasy sports gambling has been legalised in 19 US states.

If and when the parishes approve fantasy sports gambling, further legislation must be drafted to regulate and tax the games.

Talbot pitched legal, online fantasy sports as a way to raise money for Louisiana without increasing traditional taxes, but the new law does not deal with what fees or taxes fantasy sports entities might pay the state. All other forms of legal gambling in Louisiana are taxed at relatively high rates.

Louisiana law is silent on whether traditional fantasy sport leagues, played among friends and co-workers, are legal. Talbot’s bill will not address those types of games.

 

Source: Nola.com

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.

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