The Representative in the state of Louisiana, Roger Wilder, has filed a bill which proposes a huge increase to sports betting tax. The House Bill 22 was filed on Sunday (November 10) which focuses on increasing the state’s tax rate on sports betting. Currently, the state levies a 15% tax on revenue, but the new proposal would see this rise to 51% on gross gaming revenue for sports betting operators. If passed, this increase would see the state be alongside New York as areas with the highest rates. The bill also suggests a further change, with present law authorizing promotional play in sports wagering.

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  • Tax on sports betting revenue could increase three-fold as part of Landry tax package
    Businesses that offer online sports betting ... Rep. Roger Wilder, R-Denham Springs, said in a text message Tuesday. "If you lose your bet, we will tax the online sportsbook company 51% to help lower ...
    11/11/2024 - 11:00 am | View Link
  • Po Boys No More? New Louisiana Sports Betting Tax Rate Proposed
    Louisiana could be the next market to take a look at its sports betting tax rate. Online Louisiana sports betting launched in January 2022. Wilder’s bill would raise the tax rate and eliminate ...
    11/11/2024 - 11:00 am | View Link
  • Louisiana Sports Betting: Best Legal LA Sportsbooks in 2024
    March 1, 2024: Louisiana House Bill ... of sports betting legislation, HB 697, on June 7. May 2021: HB 697 and SB 247 move through the Senate. These bills outline sports betting tax rates ...
    11/6/2024 - 11:02 pm | View Link
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