Louisiana plans to launch roving sports betting inwards II days’ time, according to multiple sources who spoke to Sports Handle this week. Insiders say the state’s Gaming Control Board expects to issue temporary licenses to some operators Friday, allowing them to set in motion immediately.
Officially, the room has been cagey on the guinea pig of a launch date. When land-based retail licenses were issued inwards the autumn of 2021, it said it had earmarked Jan 1, 2022 as a possibility. When that deadline passed, it said it hoped to follow ready before the Super Bowl on Feb 13. The gameboard has non responded to requests for comment on a set in motion date.
The delay put up be attributed to the unique regulatory hodgepodge created by Louisiana’s sports betting legislation. This directed voters to influence whether or not to pass sports betting inward their possess parishes inwards a November 2020 ballot.
Fifty-five come out of 64 parishes said yes, leaving regulators and operators with a geofencing challenge. Licenses also require sign-off from the Louisiana State Police.
These issues now appear to have got been ironed out. Sports Handle notes on Tuesday, WynnBET began accepting preregistrations on its LA platform.
Busy Market
Some 20 casinos in the land are eligible to give nomadic sports betting licenses, with two “skins” – divide brands existing under single permit — available for each.
With 40 potency players inward the market, it is highly unlikely all will obtain licensing Friday. Instead, it’s awaited(p) that permits testament follow issued in phases, as was the compositor's case with retail betting.
Currently, just 13 retail licenses had been approved, and land-based sports books experience been trilled come out bit by bit since October at 11 of the state’s 15 casinos. The remaining vii retail licenses applications, which includes those for the state’s racetracks, are expected to live signed off in the coming weeks.
Legal Sports Report notes that Caesars and Penn National, the biggest players in the state’s land-based gambling casino market, were among the first off waving to get retail betting licenses, and may also follow foremost inward the line come Friday.
Ultimatum for DiamondJacks
One prop that currently isn’t inward the mixture is DiamondJacks inwards Bossier City. The cassino was forced to secretive inwards March 2020 at the get-go of the pandemic, and remains shuttered. In the meantime, its owner, Richmond, Virginia-based P2E, has been trying to relocate the gambling casino to Slidell.
Last month, voters inwards St Tammany Parish, which encompasses Slidell, rejected the move.
At a Pelican State Gaming Control Board encounter last-place week, regulators gave P2E a deadline of Feb 25 to reopen the Bossier City property, which is tight becoming an eyesore, or human face losing its commercial message gaming license.
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