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Can you summarize LARS 27.608?
WAGERING > Limitations on wagering
Short Summary
This legal document governs the limitations on wagering on sports events in Louisiana. To place a sports wager with an operator, a player must be at least twenty-one years old, physically located in a parish that has approved sports wagering, and have a wagering account with the operator if placing the wager online or through a mobile application. Operators are required to confirm that players meet these criteria before accepting a sports wager. The document prohibits operators from accepting wagers from certain individuals, such as athletes, coaches, referees, or staff of participating teams, as well as operators themselves or their directors, officers, owners, employees, or relatives. It also specifies that operators cannot accept wagers on unauthorized sports events, events involving individuals associated with the event, or certain types of prohibited wagering. Operators are required to report criminal or disciplinary proceedings, abnormal wagering activity, and conduct that may corrupt a sports event’s outcome. Additionally, operators must obtain personally identifiable information for in-person wagers over ten thousand dollars. The document allows sports governing bodies to request restrictions on certain types of sports wagering if it may undermine the integrity of the body or sporting event, subject to board approval. The board must respond to such requests before the start of the event or within thirty days. Provisional grants may be given if the requestor is likely to demonstrate good cause. This document is effective from July 1, 2021.
Whom does it apply to?
Players, operators, and sports governing bodies
What does it govern?
Wagering on sports events
What are exemptions?
No exemptions are mentioned.
What are the Penalties?
Not specified.
Jurisdiction
Louisiana