The proposed LA Senate Bill 153 provides for a statewide election (decided on a parish-by-parish basis) to authorize the wagering in Louisiana on sports events. If approved, the bill would allow casinos and horse racing tracks within Louisiana to potentially start sports betting operations by January 2020. The sports betting bill will require parish-by-parish approval. Louisiana casinos and racing tracks would be able to apply for licensure through the Louisiana Gaming Control Board if enacted. A tax rate and license fee are not yet specified but would be required prior to the implementation of the bill.