A device may not allow more than four dollars to be placed on a game or award credits in excess of the value of one thousand dollars. At establishments where live racing is conducted, as defined by R.S. 4:211(5), and pari-mutuel wagering is offered a device may not allow for credits in excess of the value of one thousand dollars.
R.S. 27:410 active rs title
Limitation on amount of money played and value of prizes ACTIVE
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History
- enactment Acts 1991, No. 1062, §1, eff. July 30, 1991
- amendment Acts 1994, No. 13, §1, eff. July 1, 1994. Redesignated from R.S. 33:4862.4 by Acts 1996, 1st Ex. Sess., No. 7, §3, eff. May 1, 1996
- amendment Acts 2007, No. 443, §1, eff. Oct. 15, 2007
- amendment Acts 2012, No. 161, §2
- amendment Acts 2012, No. 161, §4