by Christina Monroe | Jul 15, 2020 11:14 am | Regulatory
Louisiana now has a legal tax rate of 8% set for its legal Daily Fantasy Sports (DFS) industry with the signing of House Bill 64 by Governor John Bel Edwards on Monday. The Bayou State expects to receive $375,000 in annual revenue from the DFS market that will be...
by Christina Monroe | Jun 24, 2020 2:35 pm | Regulatory
House Bill 64 would tax DFS contests in Louisiana at 8%. The measure passed through its final hurdle in the Louisiana State Legislature on Tuesday. The odds that Governor John Bel Edwards signs the bill are high, as he recently approved similar gambling bills. LA HB...
by Christina Monroe | Jun 11, 2020 8:46 am | Regulatory
Governor John Bel Edwards signed House Bill 357 into law Tuesday making Daily Fantasy Sports (DFS) contests legal in the parishes in Louisiana with DFS. The original law for DFS from last year did not include internet DFS contests which LA HB 357 has now legalized....
by Christina Monroe | Jun 1, 2020 11:46 am | Regulatory
Louisiana House Bill 357 passed in the House a day before adjournment on June 1. The measure would make DFS online cash prize contests legal as long as the Governor approves. BATON ROUGE, La. – A Louisiana Daily Fantasy Sports (DFS) bill passed in the House on...
by Christina Monroe | May 28, 2020 9:05 am | Regulatory
Senate Bill 130 that allows residents in the state to vote on legalizing sports betting in their particular parish passed on Wednesday. LA SB 130 will now go to Governor John Bel Edwards for his signature of approval. Once Edwards decides to sign or veto the bill, the...
