Three states, including Louisianawill decide whether sports betting allows this choice or not.
None of the voices in Louisiana Maryland or South Dakota however, will lead to the launch of sports betting in the near future. The votes in all three states are simple yes / no votes that require further action from any legislature if sports betting is approved.
Here’s what we know about the vote to potentially approve sports betting in Louisiana:
What’s the Louisiana Sports Betting Referendum question?
Louisiana’s question is simple, but it reflects a huge difference from the other two states:
“Should sports betting and operations be allowed in the _____ community?”
Louisiana is the only one of the three states where residents can legalize sports betting in their respective county or county. That means if Orleans Parish legalized sports betting and no other community, there could still be legal sports betting New Orleans.
When would legal sports betting be available in Louisiana?
When legal sports betting could begin in Louisiana depends on how fast lawmakers work in the next year.
Unlike Maryland and South Dakota, Louisiana will need it two bills so that sports betting can begin. In addition to legislation detailing the rules for sports betting, the legislator must also pass a tax law.
This has led to a delay in the legal provisions daily fantasy sports Competitions in the past. Despite a public vote and the passing of the tax law, the DFS still does not live in the state 2018.
What are the current legal betting options for Louisians?
There aren’t many legal sports betting options right now for Louisians, although two border states allow it.
There is legal sports betting Mississippi and Arkansasalthough neither state allows mobile betting. That means bettors in both states must visit land-based casinos to place their bets.
Of course, Louisians also have the option to use illegally Offshore operator to bet what leaves everyone in the US with no tax revenue and weather without regulatory protection.
Would mobile sports betting be legalized?
It seems far from certain that mobile betting will be legalized in Louisiana.
Fund multiple gambling companies Louisiana winsurging voters to adopt sports betting for education funding. These companies include DraftKings Sports Betting, FanDuel Sports Betting and casino operators Boyd Gaming, Caesars and Penn National.
Louisiana Wins cited the $ 237 to $ 332 million forecast in annual operator revenue of Spectrum Gaming Groupwhich includes both sale and Digital Revenue.
Louisiana also has the option to pull bettors from the surrounding states with fully mobile betting. That includes the lucrative state of Texasthat will likely do without legal sports betting for some time.
What are the chances that the referendum will be passed?
There are a few reasons Louisiana is likely to legalize sports betting this year.
The community-to-community vote suggests that at least one community allows legal sports betting. If voting is similar to legalizing DFS competitions, then 47 of the state 64 Parishes should approve.
The referendum is also supported by several news outlets across the state, including the New Orleans Advocate and the Ouchita Citizen.