Louisiana’s Bill Withdrawal Shows Cost of Banning Prop Bets, Microbetting

Louisiana dropped a proposed ban on prop bets and microbetting after a fiscal note revealed more than $20 million in potential annual General Fund revenue losses. Earlier this week, Louisiana lawmakers withdrew a proposed ban on prop and micro bets, highlighti
Louisiana dropped a proposed ban on prop bets and microbetting after a fiscal note revealed more than $20 million in potential annual General Fund revenue losses. Earlier this week, Louisiana lawmakers withdrew a proposed ban on prop and micro bets, highlighting a growing challenge: efforts to curb certain betting products can collide with the tax […] The post Louisiana’s Bill Withdrawal Shows Cost of Banning Prop Bets, Microbetting appeared first on Gambling Insider.