§ 27:627 — Promotional play

Louisiana § 27:627

• Jurisdiction: Louisiana
• Title 27: Louisiana Legislature

Text

§627. Promotional play
A. Eligible promotional play shall be equal to the amount of dollars directly
attributable to promotional play wagers related to sports wagering and actually redeemed by
players and patrons.
B. Eligible promotional play shall not exceed an amount of five million dollars per
calendar year.
C. The maximum amount of eligible promotional play provided by Subsection B of
this Section shall apply per licensee.
D.(1) In no event shall a licensee claim eligible promotional play from more than one
sports wagering platform in a calendar year.
(2) Notwithstanding Paragraph (1) of this Subsection, on and after January 1, 2023,
a licensee may allocate, by contract, all or a portion of its eligible promotional play to its
contracted sports wagering platform provider. In no event shall the combined eligible
promotional play claimed by a sports wagering licensee and its contracted sports wagering
platform provider exceed the total maximum amount of eligible promotional play per
licensee as provided in this Section.
E. If a sports wagering platform provider contracts with more than one sports
wagering licensee, it may not claim more than the maximum amount of eligible promotional
play per licensee as provided in this Section in any calendar year, regardless of the amount
allocated to it by multiple sports wagering licensees.

Legislative History

Acts 2021, No. 80, §3, eff. July 1, 2021; Acts 2021, No. 440, §1, eff. July 1, 2021; Acts 2022, No. 266, §1, eff. July 1, 2022.