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Posted on 5/27/19 at 4:29 pm to BallChamp00
They probably have that done. They’ve been knowing the parishes in which the vote passed
Posted on 5/27/19 at 4:32 pm to fratmonster
Yea that would be put on the sites. They have them ready I’d bet
Posted on 5/28/19 at 10:05 pm to BallChamp00
They legit had to amend a rule that states La can withhold payouts to people with back child support. Now scheduled for tomorrow.
Posted on 5/28/19 at 10:31 pm to BallChamp00
Thanks for the updates fellas
Posted on 5/29/19 at 3:01 pm to Tigerbait337
Amendments approved. On to legislative bureau.
Posted on 5/30/19 at 3:33 pm to BallChamp00
25% tax now because John Georges is a greedy frick who's trying to ruin fantasy and sports gambling because he has video poker interest
Posted on 5/30/19 at 3:44 pm to tzimme4
25% is very aggressive. I believe 15% is the highest number in any other state. We're going to tax DFS operators 67% more than anyone else?
Posted on 5/30/19 at 3:45 pm to tzimme4
25% tax on winnings or is that from the websites?
Posted on 5/30/19 at 3:47 pm to dj30
quote:
25% tax on winnings or is that from the websites?
My understanding is this is what DFS site operators will pay on revenue generated in Louisiana. It won't be a direct tax on players, but I wouldn't be surprised if the cost gets passed down by way of increased rake.
Posted on 5/30/19 at 4:05 pm to DallasTiger45
Sites will pay 15% on the revenue from the state. Where does it say 25% I haven’t went back to read. Just the amendments.
Posted on 5/31/19 at 2:46 pm to BallChamp00
DraftKings says it went through.
Posted on 5/31/19 at 2:57 pm to BallChamp00
Talbot successfully stripped language added to his proposal in committee that would have limited playing the online sports contests for cash prizes only in video poker or other locations requiring people to be at least 21. Talbot said such limitations undermined what Louisiana’s residents supported in the election.
“They did not vote for this,” he said.
The tax bill received an 81-16 vote Wednesday. It would set a 15% tax rate on net gaming proceeds, with 10% going to state coffers for early childhood education and 5% to parish government agencies.
“They did not vote for this,” he said.
The tax bill received an 81-16 vote Wednesday. It would set a 15% tax rate on net gaming proceeds, with 10% going to state coffers for early childhood education and 5% to parish government agencies.
Posted on 5/31/19 at 3:03 pm to BallChamp00
HB600 is the bill to watch.
Posted on 6/1/19 at 10:27 pm to BallChamp00
Why is there another house bill? What is different in this one compared to the one that already passed?
Posted on 6/2/19 at 11:25 am to medtiger
No idea. I tried asking with no answer. One may just be tax and where the funds go. One may be on control?
Posted on 6/3/19 at 10:46 am to BallChamp00
Both bills in senate final passage today.
Posted on 6/3/19 at 11:42 am to BallChamp00
Looks like they have added a hitchhiker amendment to add gambling to one of the fantasy bills (HB459).
This post was edited on 6/3/19 at 11:43 am
Posted on 6/3/19 at 11:48 am to Tigerfan1274
That’s probably not good
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