§ 4:215 — Offtrack wagering facilities; ownership

Louisiana § 4:215

• Jurisdiction: Louisiana
• Title 4: Amusements and Sports

Text

§215. Offtrack wagering facilities; ownership
A. Only a primary licensee of a pari-mutuel facility may own and operate an offtrack
wagering facility in a parish whose parish seat is located less than fifty-five miles from such
facility.
B. Offtrack wagering facilities to be located in parishes whose parish seat is less than
fifty-five miles from more than one pari-mutuel facility must be jointly owned by those
facilities. Such jointly owned facilities shall be subject to the following provisions:
(1) Percentage of ownership shall be inversely proportional to the distance from the
pari-mutuel facility to the parish seat of the parish in which the proposed facility is to be
located.
(2) A copy of a written agreement between all eligible applicants for licensure of
offtrack wagering facilities in a parish must be submitted to the commission with the
application for licensure.
(3) If an eligible applicant does not wish to participate in the establishment of
offtrack wagering facilities with other eligible applicants, he shall so state in writing within
thirty days of receipt of notification, a copy of which shall be included with the application
for licensure submitted by any other eligible applicants.
C. Ownership of offtrack wagering facilities in parishes whose parish seat is
fifty-five miles or more from any pari-mutuel facility shall be determined by the following
procedure:
(1) Any applicant eligible for licensure of an offtrack wagering facility desiring to
establish such a facility in a parish covered by this Subsection shall provide written
notification of this intent to the commission.
(2) The commission shall notify all other eligible applicants under the provisions of
this Part of this intent.
(3) All eligible applicants must respond within thirty days of receipt of this notice
of intent if they wish to participate in the joint ownership of an offtrack wagering facility in
that parish. Ownership shall be distributed equally among eligible applicants who choose
to participate, unless agreed to and contracted otherwise by such eligible applicants.
Applicants who fail to respond within thirty days will not be eligible to participate in any
offtrack wagering facility in the parish.
(4) All eligible applicants indicating their wish to participate in joint ownership of
an offtrack wagering facility must submit a joint application for licensure pursuant to the
provisions of R.S. 4:214.
D. The provisions of this Section shall not apply to an offtrack wagering facility
located in the sports book lounge of a host entity.

Legislative History

Acts 1987, No. 203, §1, eff. June 30, 1987; Acts 2022, No. 530, §1, eff. June 16, 2022.