Sports betting during March Madness is expected to top $3 billion nationwide the year – and Louisiana continues to see major growth in mobile gaming.Online sports betting in Louisiana is one of the fastest-growing segments of gaming in the state. According to state records, more than $355 million in
Shreveport/Bossier City area casinos have seen a drop in revenue over the past few years. But with a new casino opening this week, there could be some positive impacts for the gaming market.The Louisiana Gaming Control Board reports that Lake Charles, with right under $60 million, leads the state in
180 Life Sciences to Raise $2.9M as It Shifts Focus to iGaming180 Life Sciences Corp. has set the price for its $2.9 million securities offering to raise funds through direct stock sales and private warrant placements. The biotech company, which is shifting more towards entertainment and online gami
The same week lawmakers from across the US descended on New Orleans to discuss iGaming, Pelican State legislators began contemplating Louisiana online casino legalization.Last week, the Senate Judiciary B and Revenue and Fiscal Affairs Committee held a hearing on the potential expansion into Louisia
The day before the opening of the National Council of Legislators from Gaming States (NCLGS) in New Orleans, legislators from Louisiana began to learn about online gaming.At a hearing held by the Senate Judiciary Revenue and Fiscal Committee of the Louisiana State Legislature, many land-based casino
Slot machines at the new Live! Casino & Hotel Louisiana in Bossier City were rolled onto the gaming floor Thursday.More than 1,000 new slot machines and electronic table games were installed at the new $270 million casino late Thursday afternoon. Live! is the first land-based casino in Shrevepor
Louisiana State Rep. Mike Echols highlighted that the state is losing around $4.6 billion in annual revenues to unregulated online casino platforms, In a recent interview with WAFB,Lawmakers are discussing with industry experts the merits and downfalls of legalizing online casinos in the state.The d
From the football field to the basketball court to the baseball diamond. The amount of money bet on sports in Louisiana is incredibly high.A total of $1.4 billion was wagered in 2023, and Louisiana is one of the top 10 betting states in the country.This means millions in taxes are collected for Loui
Louisiana Representative Roger Wilder's (R-71) legislation to raise the state’s sports betting tax rate from 15% to 51% has been deferred at the lawmaker's request. If approved, House Bill 22 would have aligned Louisiana’s sports betting tax rate with New York’s as the highest in the United States,
Amid pushback from the gambling industry, a Louisiana lawmaker has deferred his bill to increase the sales tax on online sports betting from 15% to 51%.House Bill 22 by Rep. Roger Wilder, R-Denham Springs, would have increased state revenue $151 million, according to an analysis of the bill by the n
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