• About Us / Contact
  • Responsible Gambling
This site contains commercial content
SportsHandle
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
SportsHandle
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
SportsHandle
No Result
View All Result

Louisiana Lawmakers Talk Sports Betting Taxes

House bill calls for dedicating state sports betting revenue to early childhood education

Jill R. Dorson by Jill R. Dorson
April 17, 2019
in Regulation
louisiana sports betting

Shutterstock

Share on FacebookShare on Twitter

Louisiana lawmakers took a first step regarding legal sports betting on Tuesday when the House Ways and Means Committee considered how to it, as well as taxation for fantasy sports contests and medical marijuana. State Senator Danny Martiny (R-District 10) filed a bill ahead of the session that would legalize sports wagering.

But Tuesday’s hearing wasn’t about what sports betting would look like, rather about where tax money would go. The bill under consideration was Representative Neil Abramson’s HB 498, which would direct proceeds to support early childhood education initiatives. The bill calls for an 8 percent tax on operators’ adjusted gross revenue and a $5,000 application fee.

Lawmakers avidly talked about the pros and cons of dedicating tax proceeds to a specific cause, what it would cost the state to vet potential vendors, and if there is an avenue for helping people who might become addicted. The committee unanimously voted to report an amended version of the bill out of committee.

Burden of vetting vendors a question

“We dedicate a lot of stuff and then we forget about it until we try to undo it,” Representative John “Jay” Morris (R-District 14) said. “I think early childhood education is something we care about, but I’ve learned that we can give, but not take away around here.”

Morris went on to question if it was possible to put a sunset clause on how long proceeds would benefit early childhood education or if the topic could be revisited in future discussions. Abramson (D-District 98) said he was open new ideas for his bill, and made it clear that it is a work in progress.

A House committee on Tuesday started the process of determining taxes on fantasy sports, sports betting and medical marijuana, planning to dedicate the proceeds to early childhood education and services for individuals with disabilities. #lalege https://t.co/XO7a4BXZwy

— Louisiana Watchdog (@WatchdogLA) April 16, 2019

Another key discussion point was if the state would bear the “burden” of vetting potential vendors once lawmakers understood that some potential sports betting operators, who would partner with local casinos, are based out of state or out of the country.

Major Chuck McNeal, representing the Louisiana State Police’s Gaming Enforcement Division, testified that he believed it was standard practice for operators to bear that burden through application and other fees. Representative Barry Ivey (R-District 15) suggested tiered application fees based on a vendor’s location. McNeil also shared that the “lion’s share” of the cost of implementing sports betting from his perspective, would be the hiring of civilian auditors.

With regard to offering problem gambling services, there was little meaningful discussion, but certainly concern.

Concern about gambling addiction

“I want to know if we’re putting this into our society, are we going to take care of the people who may become” addicted, questioned Representative James “Jim” Morris (R-District 1).

No clear decisions were made at the hearing, but for those in favor of legalizing sports betting, the fact that there was a hearing was certainly a positive. Martiny offered up a sports betting bill in 2018, but it didn’t have legs. The idea that its being discussed a little more than a week into this session would seem a good sign.

On the Senate side, Martiny’s SB 153 has been assigned to the Senate Judiciary B Committee, but there is currently no hearing date set.

Louisiana has a mature gaming framework, with more about two dozen commercial casinos and racinos and four tribal casinos. All but one of Lousiana’s casinos are based on riverboats, and are clustered in New Orleans, Lake Charles near the Texas border and in the Shreveport-Bossier City area in the northwest corner of the state.

Last year, Martiny urged his fellow lawmakers to legalize sports betting sooner than later as Mississippi was among the first to do so, and Louisianans are driving over the state line to place sports bets. Since then, the state’s northern neighbor, Arkansas, has also legalized sports betting with plans to launch later this year.

Share1TweetShare
Jill R. Dorson

Jill R. Dorson

Jill has covered everything from steeplechase to the NFL and then some during a more than 30-year career in sports journalism. The highlight of her career was covering Oakland Raiders during the Charles Woodson/Jon Gruden era, including the infamous “Snow Bowl” and the Raiders’ 2003 trip to Super Bowl XXXVII. Her specialty these days is covering sports betting legislation across the country. You can reach Jill at [email protected]

Related Posts

George Pimentel/Getty Images
Features

Best Betting Scenes: ‘Mississippi Grind’ And A Stretch Run To Remember

February 20, 2023
Credit: James Guillory-USA TODAY Sports
Promotions

BetMGM Bonus Code: SHNEWSDM – Deposit Match up to $1,000 for Independence Bowl

December 23, 2022
Load More

Top Stories

taylor mathis

Taylor Mathis Got Sacrificed At The Altar Of Responsible Gambling

March 20, 2023
fanduel baseball wall

Premade Same Game Parlays Are Sucker Bets

March 13, 2023
maginfier-over-small-print

Read The Fine Print: A Proposed Federal Rule Could Change Everything For Indian Gaming

March 6, 2023
roman reigns wwe

Colorado Denies Report Stating That It’s Considering WWE Wagering

March 8, 2023

State Sports Betting Guides

Ohio (U.S. state) flag waving against clear blue sky, close up, isolated with clipping path mask alpha channel transparency, perfect for film, news, composition

Ohio Sports Betting – Where To Play, Bonus Offers And Promo Codes

by Brian Pempus
March 20, 2023

Downtown Detroit at twilight (Shutterstock)

Michigan Sports Betting – Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
March 16, 2023

VA captial

Virginia Sports Betting – Where To Play, Online Sportsbooks And Bonus Offers

by Brett Smiley
January 17, 2023

nj flag

New Jersey Sports Betting — Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
October 20, 2022

pa online sportsbooks

Pennsylvania Sports Betting – Where To Play, Online Sportsbooks And Bonuses

by Brett Smiley
October 6, 2022

Canada Sports Betting Guides

Canada Sports Betting – Best Sportsbook Apps & Bonus Offers

British Columbia Sports Betting – Legal Update, Available Sportsbooks, and FAQ

Ontario Sports Betting – Legal Status And Where To Play

SportsHandle

  • Analysis
  • Casino
  • Features
  • Horse Racing
  • Industry
  • Legal
  • Legislation
  • Opinion
  • Podcasts
  • Poker
  • Politics
  • Promotions
  • Regulation
  • Sports
  • Uncategorized

Better Collective

This website is owned and operated by Better Collective USA. Trademarks and copyrights referenced on this website are and shall remain the exclusive property of their respective owners and/or licensors. Please be sure to visit the operator’s website(s) to review their terms & conditions. We advise you to read these carefully as they contain important information. Copyright © 2023 USBets.com | Better Collective USA
21 Play Responsibly
Gamble Aware West Virginia
Gambling Problem? Call 1-800-Gambler.
GameSense

Search Sports Handle

No Result
View All Result
  • About Us / Contact
  • Responsible Gambling

No Result
View All Result
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News

loading

Please wait while you are redirected to the right page...

Please share your location to continue.

Check our help guide for more info.

share your location