Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part VI - Sports Wagering
Chapter 1 - General Provisions
Section VI-103 - Definitions

A. The provisions of the Act relating to definitions, words and terms are hereby incorporated by reference and made a part hereof and will therefore apply and govern the interpretation of these regulations, unless the context otherwise requires or unless specifically redefined in a particular Section. Any word or term not defined in these regulations shall have the same meaning ascribed to it in the Act. Any word not defined by the Act or these regulations shall be construed in accordance with its plain and ordinary meaning.

B. As used in this Chapter, the following words and terms shall have the following meanings:

Act-the provisions of the Louisiana Gaming Control Law, R.S. 27:1 et seq. and all provisions of the Louisiana Sports Wagering Act, R.S. 27:601 et seq.

Applicant-the same meaning as the term has in R.S. 27:602.

Application-the same meaning as the term has in R.S. 27:602.

Associated Persons-any person required by the Act or these regulations including, but not limited to, R.S. 27:28 and §2107 of Part III of this Title to submit to and meet suitability and any persons the board or division determines needs to submit to and meet suitability on the license including, but not limited to: directors; officers; and managers.

Board-the same meaning as that term in R.S. 27:11.

Business Year-the same meaning as the term has in §1701 of Part III of this Title.

Canceled Wager-a sports wager canceled by the operator due to an issue preventing the completion of the event or causing the subject of the bet to cease to exist.

Chairman-the chairman of the board.

Collegiate Sport or Athletic Event-a sport or athletic event offered or sponsored by or played in connection with a public or private institution that offers educational services beyond the secondary level.

Confidential Information-information related to the play of sports wagering by players that is obtained as a result of or by virtue of a person's employment.

Division-the same meaning as the term has in R.S. 27:3.

Economic Interest-any interest in a licensee or permittee from which a person receives or is entitled to receive, by agreement or otherwise, a profit, gain, thing of value, loss, credit, security interest, ownership interest or other benefit. Economic interest includes voting shares of stock or otherwise exercising control of the date to day operations. Economic interest does not include a debt unless upon review of the instrument, contract, or other evidence of indebtedness, the board or division determines a finding of suitability is required based upon the economic relationship with the licensee or permittee.

Financial Statements or Financial Records-the same meaning as the term has in §1701 of Part III of this Title.

Gaming Employee-the same meaning as the term has in §1701 of Part III of this Title.

Gaming Employee Permit or Employee Permit-the same meaning as the term has in §1701 of Part III of this Title.

Gaming Equipment-the same meaning as the term has in §1701 of Part III of this Title, plus any equipment or devices that the board or division finds or determines to be used or expended in sports wagering operations or activities.

Gaming Supplier-the same meaning as the term has in R.S. 27:3.

Gaming Supplier Permit-the same meaning as the term has in §1701 of Part III of this Title.

Gaming Supplies-the same meaning as the term has in §1701 of Part III of this Title, plus services provided to the licensee or permittee that the board or division finds or determines to be used or expended in sports wagering operations or activities.

Geofence or Geofencing-a virtual geographic boundary defined by global positioning system (GPS) or radio-frequency identification (RFID) or other technology that enables software to trigger a response when a mobile device enters or leaves a particular area.

Geolocation-the process or technique of identifying the geographical location of a person or device by means of digital information processed by digital means.

In-Game Wagering-a sports wager placed on the outcome of a sports event after the sports event has started and can continue during the course of live play of the sports event.

In-Play Bet or Live Bet-a sports wager placed after the sports event has started on some specific action during the game that does not include the final outcome of the event.

Inactive Account-a sports wagering account that has not been logged into or has had no activity for a period of three years.

Independent Integrity Monitoring Provider-an independent individual or entity permitted as a sports wagering service provider and approved by the board to receive reports of unusual wagering activity from an operator for the purpose of assisting in identifying suspicious wagering activity.

Key Gaming Employee-the same meaning as that term in §1701 of Part III of this Title.

Layoff Bet-a sports wager placed by an operator with another operator for the purpose of offsetting sports wagers made by players pursuant to the Act.

Non-Gaming Supplier or Supplier of Goods or Services Other than Gaming Devices or Gaming Equipment-the same meaning as the term has in §1701 of Part III of this Title.

Non-Gaming Supplier Permit-the same meaning as the term has in §1701 of Part III of this Title.

Non-Key Gaming Employee-the same meaning as the term has in §1701 of Part III of this Title.

Non-Key Gaming Employee Permit-the same meaning as the term has in §1701 of Part III of this Title.

Parlay Bet-a sports wager that involves two or more sports wagers combined into one wager.

Prohibited Parish-a parish in which, at the election held pursuant to R.S. 18:1300.24, a majority of the qualified electors in the parish voting on the proposition to authorize sports wagering activities and operations in the parish voted against the proposition.

Prohibited Player-a person who is prohibited from placing a sports wager for reasons including, but not limited to: prohibited by R.S. 27:608; is under the age of 21; has self-restricted or self-excluded from the platform or operator or licensee; or is excluded or prohibited for any other reason.

Prohibited Sports Event-a sports event prohibited by R.S. 27:602 or by the board.

Promotional Play-non-cashable vouchers, promotional chips, coupons, electronic credits, electronics promotions, scrips, or any other cash equivalent that is provided to the patron by the operator or licensee used for sports wagering.

Proposition Bet-a sports wager made regarding the occurrence or non-occurrence during a sports event of an event that does not directly affect the final outcome of the sports event.

Segregated Account-a financial account that segregates the funds of players such that the operator's operational funds may not be commingled.

Sports Governing Body-an organization that performs a regulatory or sanctioning function over the conduct of a sports event as recognized by the board (e.g. NFL, NBA, NCAA, Olympic Committee).

Sports Wagering Lounge or Sports Book Lounge-an approved area on the premises of a sports wagering licensee where it offers wagering on sports events.

Sports Wagering Ticket or Ticket-a printed record issued or an electronic record maintained by the sports wagering platform that evidences a sports wager.

Spread-the predicted scoring differential between two persons or teams engaged in a sports event.

Straight Bet-a sports wager on a single game or single sports event that will be determined by a point spread, money line, or total score.

Suspicious Wagering Activity-unusual betting activity that cannot be explained and is indicative of match fixing, the manipulation of a sports event, misuse of inside information, money laundering, or other prohibited activity.

Unusual Wagering Activity-abnormal sports wagering activity exhibited by players and deemed by an operator as a potential indicator of suspicious wagering activity. Unusual wagering activity may include the size of a player's sports wager or increased sports wagering volume on a particular event or sports wager type.

Voided Wager-a sports wager voided by an employee of the licensee or operator and approved by a supervisor or higher pursuant to the internal controls or house rules.

Voucher-a printed sports wagering instrument, or digital representation thereof, used in a cashless wagering system that has a fixed dollar wagering value and is redeemable for cash or cash equivalents approved by the board.