Usufruct
R.S. 27:621

Sports wagering license fee ACTIVE

A. The initial application fee for a sports wagering license shall be two hundred fifty thousand dollars and shall be nonrefundable. The initial application fee shall be submitted at the time of application.

B. The license fee for a sports wagering license issued pursuant to R.S. 27:604 shall be five hundred thousand dollars. The license shall be for a term of five years. The license fee shall be submitted on the anniversary date of the issuance of the license every five years. The first license payment shall be submitted at the time of application.

C. The division shall collect all fees imposed or assessed pursuant to the provisions of this Section and deposit the fees into the Sports Wagering Enforcement Fund established in R.S. 27:626.

Actions

JSON Markdown Source (legis.la.gov)

References

Cited by

None.

History

  • enactment Acts 2021, No. 80, §3, eff. July 1, 2021

Section navigation

Cite R.S. 27:621

Bluebook
La. Rev. Stat. Ann. § 27:621 (2026).
Permalink
https://theusufruct.com/rs/title-27/section-621
BibTeX
@misc{larevstat-27-621,
  title        = {La. Rev. Stat. Ann. § 27:621},
  howpublished = {Louisiana Revised Statutes},
  year         = {2026},
  url          = {https://theusufruct.com/rs/title-27/section-621},
  note         = {Snapshot 2026-05-22}
}