Louisiana Residents Will Now Be Able to Bet on Fantasy Sports
Governor John Bel Edwards signed a bill where Louisiana residents will now be able to bet on fantasy sports. Daily Fantasy Sports, or DFS, will have an 8% tax rate for the state. A lot of residents and sports bettors are relieved to see this finally be approved. Back in 2018, residents in 47 out of 64 parishes voted for DFS to be legalized. DFS is one of the growing betting industries that shows potential for good revenue, according to sportsbook pay per head experts.
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