Johns gives update on sports gambling numbers after first 5 months

In the first five months of sports betting being legalized in Louisiana, $628 million was wagered, generating $7.4 million in taxes, Louisiana Gaming Control Board Chairman Ronnie Johns said Tuesday.

Johns provided information to the Senate Judiciary B Committee on legislation by Senate President Page Cortez, R-Lafayette. Senate Bill 290 passed with amendments and cleaned up some language related to sports betting. It heads to the Senate floor for consideration.

The bill makes sure that all aspects of sports betting comply with a program that allows residents to voluntarily exclude themselves from gambling.

Casinos can share information from that database with the platforms that take actual bets.

The bill also clarifies that sports wagering platform providers cannot claim more than $5 million in eligible promotional play per licensee in any calendar year. The legislation also specifies that the taxes going to local governments of the 55 parishes that approved sports betting will be based on population.

When discussing promotional play, Johns said it will take at least a full year to track how well it will work and to get a clear picture of how many new customers will come on board. States vary when it comes to promotional play, with some offering no credits, others having unlimited credits and some having a tiered system.

He mentioned how casinos are putting up millions of dollars to build out permanent, first-class sports betting facilities.

L’Auberge Casino in Lake Charles was the first one to build out a permanent facility, spending $4.8 million, he said.

Golden Nugget Casino plans to spend close to $9 million on its permanent facility. L’Auberge Casino in Baton Rouge is spending $6.5 million, and Harrah’s Casino in New Orleans is spending $12 million.

Johns said he went to the L’Auberge sports betting area at 10:30 a.m. on the first week of the NCAA March Madness basketball tournament and found a packed house.

“It will seat 225 people, and there was not a seat available,” he said.

Johns said he is excited about how sports betting was implemented.

“We’ve done it the right way, and we’ve had zero problems with the program as we rolled it out,” he said.

SportsPlus

Local News

Westlake Council: Golf carts on city roads not legal yet

Local News

Republican convention focuses on immigration a day after a bandaged Trump makes triumphant entrance

Local News

Vance is a relative political unknown. He’s been asked to help Trump avenge his 2020 loss

Crime

Calcasieu Parish Sheriff’s Office unhindered by crime lab backlog

Local News

First Titanic voyage in 14 years is happening in the wake of submersible tragedy

Local News

Kennedy, Judiciary Republicans demand Durbin hold hearing on Trump assassination attempt

Local News

Open house set for Enterprise Boulevard Extension Project

Crime

7/15: Calcasieu Parish Sheriff announces arrest list

Local News

Trump announces Vance as vice president pick

McNeese Sports

Davey earns first preseason honor

Local News

High insurance premiums affect home-buying decisions

Business

Jeff Davis getting two new economic districts

Local News

UPDATE: Motive of man who tried to assassinate Trump remains elusive

Local News

Federal judge dismisses Trump classified documents case over concerns with prosecutor’s appointment

McNeese Sports

Former Cowboy MacIntyre wins again

Local News

UPDATE: Man killed at Trump rally ‘died a hero’

Local News

UPDATE: Fire chief who died at Trump rally used his body to shield others

Local News

UPDATE: Trump calls for unity after assassination attempt

Local News

Iowa Mayor Neal Watkins speaks about effort to oust him from office

Business

Names in the News: People shaping the future of Lake Area business

Local News

UPDATE: Trump says bullet pierced right ear

Local News

UPDATE: Shooting at Trump rally being investigated as assassination attempt

Local News

UPDATE: Trump ‘fine’ after being whisked off stage

Local News

Trump rushed off stage by Secret Service as bangs heard at Pennsylvania rally