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Voters to decide on fantasy sports betting

Source: dailycomet.com - Nov 2, 2018

Louisiana voters will decide parish-by-parish on Tuesday if they want to let fantasy sports fans compete for cash prizes. The vote, seen by some lawmakers as a way to gauge statewide gaming sentiment, could set the tone for possibly legalizing betting on real sports in Louisiana.

The Legislature voted last spring to hold the fantasy sports referendum even though it has not yet figured out how the state would earn revenue from the contests or how much money they might bring in.

And in a state that remains sharply divided between the economic benefits and social risks of any type of gaming, it is not clear how many parishes will approve it.

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Category: General Business