Louisiana Casinos Start Applying for Sports Betting Licensing
Casinos in Louisiana are applying for sports betting licensing as services are set to begin soon.
Across the United States, sports betting is booming. Many states have enacted legislation and have busy markets while others are about to launch or working on legislation. In Louisiana, the state has approved sports betting and the process of setting up the industry is well under way. As many as 13 commercial casinos in the state have applied for licensing in the hopes of taking advantage of the blossoming industry.
In a matter of weeks, visitors to land-based venues in the state could be posting bets on their favorite teams and sports. Major players are expected to offer services in the state, as Louisiana becomes the next in the US to launch services.
Retail Sports Betting Coming Soon
Louisiana has approved retail and online sports betting services. The retail portion will start first, with mobile to follow at a later date. Louisiana Gaming Control Board Chairman Ronnie Johns said that the board can approve temporary licensing to operators so that services can begin quickly at casinos. Johns also told The Advocate newspaper that he expects to see licensing recommendations provided by the State Police very soon.
Currently, the State Police is working on suitability studies on gambling venues that have filled out an application for sports betting. The procedure should have already been completed but it was delayed due to troopers working on the recovery process after Hurricane Ida hit the state.
Louisiana is home to one traditional land-based casino and 13 riverboat properties. There are also four racinos in operation. Everyone has the ability to apply for licensing and gain approval for sports betting. Operators that are approved will be able to see a nice increase in earnings early on as player are ready to have access to sports betting services.
What About Online Operations?
In Louisiana, sports betting is legalized in 55 parishes. Only nine opted out to offer sports betting during the vote in November 2020. All that remains is for the Control Board to give the green light once the vetting process comes to an end.
The law allows mobile betting and each of the casinos in the state will be allowed to apply for licensing and offer two companies partnerships to launch apps and websites. This will allow betting on mobile devices and desktop computers.
During the initial licensing process, the casinos were vetted fully. For online gambling, the state tropper’s office will need to review that the venues are going to be able to operate based on state law. Mobile sports betting companies must be reviewed via investigation and the hope is that some approvals will be given in the next few months.
Along with mobile betting, the state also approved kiosks for restaurants and bars with liquor licensing. The state Lottery Corp. is the overseer of this portion of the industry and approvals should be completed for kiosks by early next year.
While commercial casinos are in the process of launching services, tribal operators are already in business. The Paragon Casino Resort of the Tunica-Biloxi Tribe of Louisiana was the first to launch services, as one of five Native American operated casinos in the state.
The casinos operate via a federal compact so they are not hindered by the state regulations. Former NFL wide receiver Joe Horn was on hand at the casino to place the first bet during the opening ceremonies. Hopefully, we will see many more first bets placed at casinos across the state once the approval process is completed.