Louisiana Administrative Code
Title 42 - LOUISIANA GAMING
Part XV - Lottery
Chapter 11 - Lottery Sports Wagering
Subchapter C - Rules; Operations
Section XV-1157 - Retail Establishment Contract
Universal Citation: LA Admin Code XV-1157
Current through Register Vol. 50, No. 9, September 20, 2024
A. A contract between the operator and a retail establishment shall include the following requirements.
1. The operator may suspend or terminate the
contract in the event of suspension or termination of the retail establishment
permit. No person may operate as a retail establishment without a
permit.
2. A sports wagering
mechanism shall be located only in an area where accessibility is limited to
patrons 21 years of age or older.
3. In consideration for the hosting of a
sports wagering mechanism, the retail establishment shall be paid the greater
of the following each month.
a. One and one
half percent of the cash accumulated in the sports wagering mechanism located
on the retail establishment-us premises.
b. Ten percent of the net gaming proceeds of
all wagers placed by patrons through a sports wagering mechanism located on the
premises of the retail establishment and wagers placed through an operator
website or mobile application while the patron is located on the premises of
the retail establishment.
4. The monies owed to the retail
establishment shall be remitted to the retail establishment within 20 days of
the end of each calendar month for the immediately preceding calendar
month.
AUTHORITY NOTE: Promulgated in accordance with R.S. 47:9001 et seq.
Disclaimer: These regulations may not be the most recent version. Louisiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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