WynnBET gains Louisiana online sports betting access, likely through a Caesars'-owned casino
WynnBET announced it has secured market access to Louisiana sports betting. Louisiana represents the 17th state WynnBET has secured varying degrees of market access.
A source told Saturday Down South that WynnBET has secured a partnership for its online sports betting app through one of Caesars’ physical casino properties in Louisiana. These include the state’s lone land-based casino, Harrah’s in New Orleans, the riverboat Isle of Capri Casino Lake Charles and Horseshoe Bossier City riverboat casino. If these properties receive a sports betting license they could potentially secure two online sports betting licenses each.
WynnBET is currently available in Arizona, Colorado, Indian, Michigan, New Jersey, Tennessee and Virginia.
Louisiana in-person sports betting may begin soon
Louisiana in-person sports betting could begin in early October as the state is currently issuing temporary retail sports betting licenses to Louisiana casinos, racinos and riverboats.
There is no current timeline for online sports betting. It will be the second phase of the sports betting launch in the state, Louisiana Gaming Control Board Chairman Ronnie Johns told Saturday Down South in a previous interview. The online vendors need to be licensed in Louisiana and go through background checks before any online betting or partnerships can be made.
Louisiana will allow 20 sports betting licenses, one each for the the state’s 15 riverboat casinos, four racinos (horse tracks) and one land-based casino. Each license will also include two mobile licenses, which could mean a potential of 41 “skins” for Louisiana online sports betting. The one additional skin would be allotted to the Louisiana Lottery Corporation.
Each facility awarded a sports betting license will be required to construct a retail sportsbook.
Facilities with Class-A onsite consumption liquor licenses can receive a mobile wagering device, called a kiosk, to allow patrons to participate in online sports betting while in their facility. This would be run under the purveyance of the Louisiana Lottery Corporation and revenue would be taxed at 10%.
A sports betting ban on in-state collegiate programs was not included in the bill.
Where is Louisiana sports betting legal?
Sports betting will be legal in 55 of 64 Louisiana parishes that approved the measure in the November 2020 general election. In-person and online sports betting will not be permitted for residents living in the following parishes:
- West Carroll