Louisiana Revised Statutes 47:9091 – A. Any permit obtained or issued pursuant to the provisions of this Chapter is expressly declared by the legislature to be a pure and absolute revocable privilege and not a right, pr
Terms Used In Louisiana Revised Statutes 47:9091
- Application: means the forms and schedules prescribed by the corporation upon which an applicant seeks a permit or the renewal of a permit. See Louisiana Revised Statutes 47:9002
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: means the Louisiana Lottery Corporation. See Louisiana Revised Statutes 47:9002
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lottery: means any game of chance approved by the corporation and operated pursuant to this Chapter and shall not include sports wagering authorized pursuant to this Subtitle. See Louisiana Revised Statutes 47:9002
- Permit: means any permit or authorization, or application therefor, issued pursuant to the provisions of this Subtitle. See Louisiana Revised Statutes 47:9002
- Retail establishment: means a retail business that is permitted by the corporation to host a sports wagering mechanism. See Louisiana Revised Statutes 47:9002
- Security: means the protection of information that would provide an unfair advantage to any individual involved in the operation of the lottery, protection and preservation of the integrity of lottery games and operations, as well as measures taken to prevent crimes against the corporation and its retailers. See Louisiana Revised Statutes 47:9002
- Sports book: means the offering of sports wagering by a sports wagering platform provider on the premises of a permitted retail establishment or through a sports wagering platform. See Louisiana Revised Statutes 47:9002
- Sports wagering: means the acceptance of a wager on a sports event or on a portion of a sports event or on the individual performance or statistics of an athlete or participant in a sports event or a combination of sports events, by any system or method of wagering. See Louisiana Revised Statutes 47:9002
- Sports wagering platform: means an integrated system of hardware, software, or applications, including mobile applications and servers, through which an operator conducts the business of offering sports wagering conducted in accordance with this Subtitle. See Louisiana Revised Statutes 47:9002
- Subtitle: means and includes all the Chapters in Subtitle II of this Title 47 and any other Title of the Louisiana Revised Statutes of 1950 except the provisions of Chapter 1 of Subtitle IV of Title 47 of the Louisiana Revised Statutes of 1950 and estate taxes for the assessment, collection, administration, and enforcement of taxes, fees, licenses, penalties, and interest due the state of Louisiana which have been delegated to the Department of Revenue. See Louisiana Revised Statutes 47:1501
A. Any permit obtained or issued pursuant to the provisions of this Chapter is expressly declared by the legislature to be a pure and absolute revocable privilege and not a right, property or otherwise, under the constitution of the United States or of the state of Louisiana. Further, the legislature declares that no holder of any permit acquires any vested interest or right therein or thereunder.
B. The corporation shall contract with a sports wagering platform provider for the operation of a sports book. The sports book operated on behalf of the corporation shall be a separate and distinct responsibility and operation from lottery gaming. Any sports wagering offered to consumers in this state pursuant to the provisions of this Subtitle shall be through the use of a sports wagering mechanism, website, or mobile application.
C. The corporation shall, in accordance with the Administrative Procedure Act, promulgate rules, forms, and procedures necessary to implement, administer, and regulate sports wagering authorized pursuant to this Subtitle. The rules shall include:
(1) Qualifications, standards, and procedures for permitting sports wagering platform providers, sports wagering service providers, distributors, manufacturers, vendors, suppliers, personnel, and retail establishments pursuant to this Subtitle.
(2) Standards and procedures for renewing, suspending, and revoking permits.
(3) Guidelines for the acceptance of sports wagers.
(4) The maximum number and amount of wagers which may be accepted by a sports wagering mechanism from any one patron on any one event.
(5) Prohibitions on unilaterally rescinding wagers.
(6) The type of wagering tickets used, information required to be printed on the ticket, and methods for issuing tickets.
(7) The types of records required to be kept and the length of time records shall be retained.
(8) Requirements that a sports wagering platform provider comply with anti-money laundering standards.
(9) Internal controls for all aspects of electronic wagering, including procedures for system integrity, system security, operations, accounting, and reporting of problem gamblers.
(10) Establish suitability requirements for applicants and permittees pursuant to this Chapter.
(11) Establish standards and a procedure for approval of retail establishment permits to host sports wagering mechanisms.
D. Chapters 6, 7, and 8 of this Subtitle shall apply to all sports wagering conducted pursuant to this Chapter.
Acts 2021, No. 80, §4, eff. July 1, 2021.