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Can you summarize LARS 27.602?
GENERAL PROVISIONS > Definitions
Short Summary
This document provides definitions for various terms related to sports wagering in Louisiana. It applies to persons, businesses, or legal entities involved in sports wagering in the state. The document defines terms such as ‘Anti-money laundering standards’, ‘Applicant’, ‘Board’, ‘Licensee’, ‘Mobile application’, ‘Sports book’, ‘Sports event’, ‘Sports wager’, ‘Sports wagering’, and more. It also clarifies that the document does not apply to high school sports, youth events, international sports events where the majority of participants are under 18 years old, fantasy sports contests, and any event prohibited by law. The document does not specify penalties for non-compliance or violation of its provisions.
Whom does it apply to?
Persons, businesses, or legal entities involved in sports wagering in Louisiana
What does it govern?
Louisiana Revised Statutes >> Louisiana Gaming Control >> SPORTS WAGERING >> GENERAL PROVISIONS
What are exemptions?
High school sports, youth events, international sports events where the majority of participants are under 18 years old, fantasy sports contests, and any event prohibited by law
What are the Penalties?
Not specified in the provided document
Jurisdiction
Louisiana