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Can you summarize 42 LAAC Part VI Chapter 1 Section 103?
General Provisions > Definitions
Short Summary
This document provides definitions for various terms used in the Louisiana Gaming Control Law and the Louisiana Sports Wagering Act. It incorporates the definitions from the Act and applies them to these regulations, unless specifically redefined in a particular section. The document defines terms such as ‘applicant’, ‘application’, ‘associated persons’, ‘board’, ‘business year’, ‘canceled wager’, ‘chairman’, ‘collegiate sport or athletic event’, ‘confidential information’, ‘division’, ’economic interest’, ‘financial statements or financial records’, ‘gaming employee’, ‘gaming employee permit’, ‘gaming equipment’, ‘gaming supplier’, ‘gaming supplier permit’, ‘gaming supplies’, ‘geofence or geofencing’, ‘geolocation’, ‘in-game wagering’, ‘in-play bet or live bet’, ‘inactive account’, ‘independent integrity monitoring provider’, ‘key gaming employee’, ’layoff bet’, ’non-gaming supplier or supplier of goods or services other than gaming devices or gaming equipment’, ’non-gaming supplier permit’, ’non-key gaming employee’, ’non-key gaming employee permit’, ‘parlay bet’, ‘prohibited parish’, ‘prohibited player’, ‘prohibited sports event’, ‘promotional play’, ‘proposition bet’, ‘segregated account’, ‘sports governing body’, ‘sports wagering lounge or sports book lounge’, ‘sports wagering ticket or ticket’, ‘spread’, ‘straight bet’, ‘suspicious wagering activity’, ‘unusual wagering activity’, ‘voided wager’, and ‘voucher’.
Whom does it apply to?
Applicants, associated persons, board, gaming employees, gaming suppliers, non-gaming suppliers, key gaming employees, non-key gaming employees, sports governing bodies, operators, licensees, and players
What does it govern?
Definitions of terms used in the Louisiana Gaming Control Law and the Louisiana Sports Wagering Act
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
No penalties are mentioned.
Jurisdiction
Louisiana