Louisiana gaming control board news

The legislature passed bills this session legalizing sports betting on mobile devices, such as smartphones, and in-person at casino sportsbooks. Bettors also will be able to wager at kiosks in bars and restaurants that serve liquor. No one will be allowed to place a legal sports bet in Louisiana, however, until the board sets the rules to regulate the industry.

Some state officials have said sports betting might not be operational in the state until next year. Earlier in July, the board issued the first daily fantasy sports betting license to DraftKings, a Boston-based company providing various online sports betting games and contests. In fantasy sports games, players select an imaginary team of real players and compile their stats each week for cash prizes.

Name, email and comment will be stored in our database. News Sports Betting Share this:. No comments yet Write a comment Write a comment Cancel reply Your email address will not be published. Johns is not happy with the riverboat license being unused any longer but wants to give DiamondJacks an opportunity to create a plan that will work for both them and the community. Johns expects that DiamondJacks will follow this example. The LGCB executive points out that the gaming industry is much more than just slot machines and table games.

The ability of riverboat casinos to move ashore has made the industry more dynamic. They can build nicer facilities, amenities, restaurants, spas, entertainment venues. Those are playing a big part in the income stream and the industry, not just in Louisiana.

Erik brings his unique writing talents and storytelling flare to cover a wide range of gambling topics. He has written for a number of industry-related publications over the years, providing insight into the constantly evolving world of gaming. A huge sports fan, he especially enjoys football and anything related to sports gambling. Erik is particularly interested in seeing how sports gambling and online gaming are transforming the larger gaming ecosystem.

Your email address will not be published. Days after Fitch calmed investor fears that US casinos in Macau may be in for a rough year ahead, JP Morgan, another respected investment bank, upgraded the stocks of the US-owned casinos in the special administrative region from Neutral to Overweight.

This reflects a positive outlook for the properties tied to their US owners, including […]. DraftKings, the leading daily fantasy and sports betting operator announced on Wednesday a new agreement with the Oregon Lottery. The American gambling products and services provider Scientific Games has penned an exclusive content deal with the iGaming software provider Wazdan. Through the deal, the former of the two companies will diversify its offerings and will increase its presence in the United States.

Oklahoma sports fans may soon start enjoying in-person sports betting experiences through existing tribes. Ken Luttrell is a Republican in Ponca City who recently filed House Bill in an attempt to pin Oklahoma on the map of the 30 states that have already embraced sports betting.

The Oracle of Omaha knows how to beat inflation. So ride his coattails. Cathie Wood, the star fund manager and chief executive of ARK Invest, in a Tuesday monthly market update says that the used car market is where she is expecting possible losses after a surge in values.

Delta Air Lines posted Q4 earnings that came in line with Wall Street estimates, as travelers returned to the skies despite the impact from the Omicron variant. Taiwan Semiconductor Manufacturing, the world's largest chip foundry, on Thursday beat analyst estimates for the fourth quarter. The coronavirus vaccine that it has licensed does very well against variants like omicron, but it's still a laggard.

The Wall Street giant really likes these dividend stocks — for very good reasons. Do you remember what I said about Alibaba yesterday? Well, this morning, the chorus singing Alibaba's praises got even bigger. The start of a new year is always a convenient time to evaluate, or reevaluate, the stock portfolios. Two months after U. President Joe Biden announced an unprecedented effort among major oil consuming economies to work together to bring down rising fuel prices, prices are again approaching multi-year highs.

Biden spearheaded a coordinated release of oil from strategic reserves with Japan, India, South Korea, Britain and China in November that helped quell prices - even though, in the end, China did not take part. Rising oil prices present a political headache for Biden and any U. These are the pharmaceutical stocks with the best value, fastest growth, and most momentum for Q1 The market is currently littered with the debris of once high-flying growth stocks.

There have been savage pullbacks for many over the past year. Block SQ is one such name to have suffered at the hands of rotation, while also being hampered with some very tough comps due to the elevated success the company saw at the height of the pandemic.