LOUISIANA, MAY 22, 2019 – A bill that would impose a 15 percent tax on the revenue from newly-legalized online fantasy sports games breezed through the Louisiana House on Wednesday.
The vote was 80-16, well over the 70 votes needed for final approval.
The measure, House Bill 600, next faces action in the state Senate.
Voters in 47 of Louisiana’s 64 parishes last year authorized the games, which allows players using computers and smartphones to craft teams of players from major sports, pay an entry fee and pursue cash prizes based on how those players perform in actual games. Read more.