Despite a failed attempt to sneak sports betting into the state’s gambling law, Louisiana’s lawmakers have finally approved a sports betting bill. It will ask parishes to authorize the legalization of sports betting, including daily fantasy sports. It passed the Senate in May 2020 and is now in the House. There’s a lot of hope for this new law.
In Louisiana, sports betting will be available at physical sportsbooks and online. Online wagering is taxed at a rate of 15%. Retail sports betting is taxed at 10%. The amount of total bets is expected to grow by 40 percent from 2020 to ’21. This will give bettors hundreds of millions of dollars in the sports betting market by 2022.
The first online sportsbooks to launch in Louisiana are BetRivers and Caesars. They’ll both offer customers resources to help prevent problem gaming and protect their funds. Licensed gambling operators will also ensure that games are fair and that bets are honored.
As for customer support, all sports bettors deserve to have high quality support. Most likely, you’ll find this in the form of phone support, live chat, email support, and FAQ articles. Some bettors will even receive assistance from the National Council on Problem Gaming or American Addiction Centers. These organizations provide education about problem gaming, as well as help with self-exclusion for a specified period of time.
The LSU Tigers are one of the most popular teams in Louisiana, so it’s no surprise that they’re an official MLB betting partner. The Tigers won the 2019 season title and are looking to continue their success in the SEC.