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Louisiana Governor signs sports betting licensing and tax bill

9th June 2021 10:25 am GMT
Louisiana
Playtech

Louisiana Governor John Bel Edwards has signed legislation setting license fees and tax rates for sports betting operations in the state.

The Act sets the initial non-refundable application fee for a sports wagering license at $250,000 alongside a fee of $500,000 for a five-year license, with all fees deposited into the Sports Wagering Enforcement Fund.

Sports betting platform providers will be subject to a non-refundable application fee of $100,000 and a five-year permit fee of $250,000, while [...]

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