Published: May 4, 2021
By: Ryan Nelsen | LSU Manship School News Service
FanDuel, the giant wagering platform, confirmed it is on track to provide fantasy sports gambling in Louisiana by the beginning of this year’s football season.
Stacie Stern, governmental affairs director at FanDuel, said in an interview that FanDuel is working with Louisiana Gaming Board and the state police to launch its product.
Two companies have applied to provide fantasy sports contests, according to Maj. Chuck McNeal of the Louisiana State Police Gaming Enforcement Division, who says both entities will be operational soon.
“It will definitely happen before the fall,” said McNeal, “as long as my investigators are getting all the documentation and paperwork they need.”
In 2018, voters in 47 parishes approved daily fantasy games in which users create a fictional roster of players and tally their statistics against other players’ teams for prize money. The games can be played on mobile phones or computers. The state will tax the operators’ net gambling revenue at 8%.
Louisiana was one of only seven states that did not allow fantasy sports betting in 2020. People in the 17 parishes that did not vote in favor will not be able to compete within parish lines.
“Getting the law changed was a really big step for us,” said Stern. “It’s definitely a big sport-fan state, so we’re excited to launch our product.”
Read more at The West Side Journal