RS 627 - Promotional play
A. Eligible promotional play shall be equal to the amount of dollars directly attributable to promotional play wagers related to sports wagering and actually redeemed by players and patrons. Eligible promotional play shall not exceed an amount of five million dollars per calendar year. The maximum amount of promotional play provided by this Subsection shall apply per licensee.
B. Notwithstanding the provisions provided by Subsection A of this Section, in the event a licensee pools its wagers with other Louisiana sports wagering licensees, the maximum amount of eligible promotional play shall apply per pool, and the amount of eligible promotional play per participating licensee shall be allocated in accordance with an agreement among licensees participating in the pool. Pooling and the corresponding agreement among the licensees shall be subject to the approval of the board.
C.(1) In no event shall a pool stack eligible promotional play of participating licensees to exceed the maximum amount provided by Subsection A of this Section.
(2) In no event shall a licensee claim eligible promotional play from more than one sports wagering platform in a calendar year.
Acts 2021, No. 80, §3, eff. July 1, 2021; Acts 2021, No. 440, §1, eff. July 1, 2021.