§ 47:9096 — Sports wagering service providers; permit; fee

Louisiana § 47:9096

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§9096. Sports wagering service providers; permit; fee
A. The corporation shall issue a sports wagering service provider permit to suitable
persons which contract with an operator to provide support services for an operator's sports
book. A person shall not provide support services to the operator without a valid permit.
B. Any contract between the corporation and a sports wagering service provider shall
provide for access to the corporation of any information maintained by the platform provider
for verification of compliance with this Chapter.
C. A sports wagering service provider shall keep books and records for the
management of sports wagering as authorized by this Chapter and for services for which it
is contracted by the operator. The keeping of books and records shall be separate and distinct
from any other business the sports wagering service provider might operate. A sports
wagering service provider shall file quarterly returns with the corporation listing all of its
contracts and services related to sports wagering authorized under this Subtitle.
D. The initial application fee for a sports wagering service provider permit shall be
ten thousand dollars and shall be nonrefundable. The initial application fee shall be submitted
to the corporation at the time of application.
E. The permit fee for a sports wagering service provider permit issued pursuant to
this Section shall be twelve thousand five hundred dollars. The permit shall be for a term of
five years. The permit fee shall be submitted to the corporation on the anniversary date of the
issuance of the permit every five years. The first permit payment shall be submitted to the
corporation at the time of application.

Legislative History

Acts 2021, No. 80, §4, eff. July 1, 2021.