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LA HB75
Bill
Status
2/3/2026
Primary Sponsor
Steven Jackson
Click for details
AI Summary
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Allows gaming operators to deduct promotional play wagers from taxable revenue up to $5 million annually or a percentage cap, whichever is greater
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Establishes a phased-in percentage cap: 4% of taxable revenue in 2027, 7% in 2028, and 10% in 2029 and thereafter
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Applies to both riverboat gaming licensees (net gaming proceeds) and casino gaming operators (gross revenue)
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Amends R.S. 27:44 and R.S. 27:205 to modify definitions of "net gaming proceeds" and "gross revenue" to include promotional play deductions
Legislative Description
Provides for the allowable amount of promotional play offered by certain gaming operators and for deductions regarding promotional play (OR -$2,971,247 GF RV See Note)
GAMING
Last Action
Read by title, under the rules, referred to the Committee on Administration of Criminal Justice.
3/9/2026