From banning prop bets and in-play micro markets to banning sweepstakes and legalizing iLottery, here are some things on the docket.
Time to prohibit props?
Senate Bill 354, which was pre-filed by Sen. Katrina Jackson-Andrews and has been provisionally referred to the Committee on Judiciary B, would change Louisiana’s sports betting statutes to remove the term “proposition bets” from the list of authorized wagers. It defines a prop as “a side wager” on a part of a sport or athletic event that does not concern the final outcome of the event.
While the list of authorized sports wagering markets includes “in-game wagering” and “in-play bets” SB 354 would also establish a brand-new definition for a “sports micro-bet,” meaning a prop bet that is placed while a sports event is in progress and which conce..