The Louisiana Gaming Control Board announced at a public meeting this morning that they have approved changes to rules to allow for submissions of license applications, setting a deadline of January 1, 2022 for the application by approved categories.
This comes after some expected the Board to issue temporary licenses to expedite the sports betting launch process.
Eight license applications have been submitted so far, according to Major Chuck McNeal, Command Inspector for the Louisiana State Police Gaming Enforcement Division of the Louisiana State Police, which is responsible for investigating applicants.
Up To 21 Licenses Available
Under Louisiana law, the LGCB may issue up to 21 sportsbook operator licenses. One of these must go to Harrah’s New Orleans, the only land-based casino in the state. The Louisiana Lottery Corporation will receive one sportsbook operator license. Licenses must also go to each of the 15 riverboat casinos and the state’s four “racinos,” which are venues that host racing and casino gaming. Licensees can contract with up to two sports betting platform providers.
Chairman Ronnie Johns stated that while sports betting has been a hot topic with citizens, “Hurricane Ida has set us back a little bit, but the State Police have been working very hard to get this up and running, and we will have some good news on this very soon.”
Also during this morning’s meeting, the LGCB approved finalization of the transfer of ownership of Eldorado Resort Casino Shreveport to Bally’s Corporation.