Fantasy Sports Betting Applications Open Next Month in Louisiana
We are another step closer to getting fantasy sports betting up and going in Louisiana. Voters in 47 parishes approved fantasy sports a couple of years ago, but it's taken some time to get the final regulations and licensing rules in place.
Caddo and Bossier parishes both supported fantasy sports betting.
Businesses that want to operate fantasy sports betting can start applying in February. The state Gaming Control Board has now adopted the final process to get the games going. The competition could being across the state later this year.
The Louisiana State Police’s Gaming Enforcement Division told the board that fantasy sports contest operators can start submitting applications Feb. 19. Officials say the gambling suitability investigations conducted by the State Police usually take 60 days to 90 days to complete before an entity can appear before the Gaming Control Board for a license.
This is not the same as sports betting. Voters in 55 of 64 parishes ok'd sports betting, but the methodology for kicking off sports betting has not yet been approved. Lawmakers are expected to begin that process during this spring's legislative session.