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LA SB294
Bill
Status
2/27/2026
Primary Sponsor
Kirk Talbot
Click for details
AI Summary
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Gaming operators (riverboats, land-based casinos, and racetrack slot facilities) may deduct up to $5 million annually in promotional play wagers from their taxable gaming proceeds
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Licensees may now assign all or part of their unused $5 million promotional play deduction to another gaming licensee within the same fiscal year
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Assignments of promotional play deductions must be made in writing, and both the assigning and receiving licensees must report the assignment to the Louisiana Gaming Control Board
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Applies to three gaming sectors: riverboat gaming (net gaming proceeds), land-based casino operations (gross revenue), and pari-mutuel facilities with slot machines (net slot machine proceeds)
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Effective July 1, 2026
Legislative Description
Provides relative to the allowable amount of promotional play offered by certain gaming operators and for deductions regarding promotional play. (7/1/26)
GAMING
Last Action
Introduced in the Senate; read by title. Rules suspended. Read second time and referred to the Committee on Judiciary B.
3/9/2026