§ 47:9097 — Sports wagering distributor; permit; fees

Louisiana § 47:9097

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§9097. Sports wagering distributor; permit; fees
A.(1) The corporation may issue a sports wagering distributor permit to any suitable
business or legal entity that markets, buys, sells, leases, services, or repairs sports wagering
mechanisms in this state. No person shall market, buy, sell, lease, service, or repair a sports
wagering mechanism without a valid permit.
(2) Notwithstanding the provisions of Paragraph (1) of this Subsection, only
distributors domiciled in Louisiana shall be issued a permit for the services of collection and
repair of sports wagering mechanisms.
B. Any contract between the corporation and a sports wagering distributor shall
provide for access to the corporation of any information maintained by the distributor for
verification of compliance with this Chapter.
C. The initial application fee for a sports wagering distributor permit shall be five
thousand dollars and shall be nonrefundable. The initial application fee shall be submitted
to the corporation at the time of application.
D. The permit fee for a sports wagering distributor permit issued pursuant to this
Section shall be two 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.
E. The corporation shall adopt written policies and rules to guarantee that multiple
distributors and vendors shall contract with the operator to provide maximum opportunities
for economic development.

Legislative History

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