Louisiana is known across the nation for its great food, music and festivals. Louisiana is also known for its wagering. People come from across the South to enjoy the food in casino restaurants demo slot pragmatic play and to gamble on riverboats. While the Mississippi Gulf Region has numerous casinos, almost all forms of wagering are illegal in neighboring Colorado and Arkansas. This article offers a brief summary of wagering activities that are legal in Louisiana and those that are not.
Wagering in Louisiana is described as “the intentional completing, or directly assisting in the completing, as a business of any game, context, lottery, or contrivance whereby a person risks the losing of anything of value in order to realize a profit. “
LEGAL WAGERING IN LOUISIANA
Age polices: To participate in the state lottery or horse track gambling you must be 20 years old. To gamble in a casino or on a video poker machine, you must be 21 years old.
Casinos and Racetracks: Riverboat casinos are legal in Louisiana. “Riverboat” refers to anything suspended in the water, which results in many riverboats consisting of large structures on anchored barges near the shore. A land-based casino is licensed by the state in the City of New Orleans and on Indian tribal land. Gambling on horse races are legal but dog racing is illegal.
State lottery: The Louisiana Lottery began in 1991 and lottery proceeds are legislatively earmarked for improving Louisiana’s educational system. The Louisiana lottery includes numbers drawing, Power-ball, and scratch off tickets.
Video poker: Casinos and racetracks in the state have video poker machines, as do a number of restaurants, gas stations, bars and truck stops. In Louisiana, if a business has a liquor driver’s license, this driver’s license allows you to have up to three video gaming machines. Truck stops can operate more video poker machines depending on the amount of fuel they sell.
Social Wagering and Non-profit Wagering: Social wagering (for recreational purposes and not for business purposes) such as pool games, personal gamble or gambling on sports is legal in Louisiana as long as nobody ingests a “cut” or fee from managing the transaction (other than awards to the rightful winner). Certain wagering activities such as raffles, bingo and keno which are directly associated with non-profit fund-raising for non-profit organizations is legal.
Commercial cruise ships in international waters: Wagering on commercial cruise ships that travel internationally (beyond 12 miles offshore) is legal.
Taxes: Any establishment that gives a one-time wagering award of $600 or more is required to report the winning, along with the recipient’s social security number, to the IRS and Louisiana Department of Revenue. Residents need to report wagering revenue as taxable income on their federal and state tax statements.
ILLEGAL WAGERING IN LOUISIANA
Dogfighting and wagering related to dogfighting: La. 3rd there’s r. S. 14: 102. 5 makes it illegal to own, possess, keep or train your pet dog when it comes to dogfighting as well as to possess any paraphernalia used in training dogs to fight. Infringement for a first dedication results in a fine all the way to $1000 and/or not more than one full year imprisonment. A subsequent dedication results in a fine all the way to $3000 and/or imprisonment of not more than three years.
Cockfighting and wagering related to cockfighting: La. 3rd there’s r. S. 14: 102. twenty-three makes it unlawful for any person to organize or conduct any commercial or private cockfight where it is reasonably foreseeable that chickens would be injured. It is also unlawful to possess, train or purchase any chicken for cockfighting purposes. A first offense dedication results in a fine all the way to $1000 and/or the regular few months imprisonment. A second offense dedication results in a fine all the way to $2000 and/or one full year imprisonment. A 3rd offense dedication results in a fine all the way to $2000 and/or three years imprisonment.
State may catch property linked with illegal wagering: The state may catch any property linked with illegal wagering and upon dedication may sell the confiscated property at public auction.
Computer wagering: Wagering by computer is prohibited in Louisiana. Computer wagering is the completing as a business of any game, context, lottery or other activity whereby a person risks the losing of anything of value in order to realize a profit when accessing the internet. A dedication results in a fine of $500 and/or up to the regular few months imprisonment.