Louisiana HB75 modifies the allowable amount of promotional play wagers for gaming operators.
Louisiana HB75 amends the allowable amount of promotional play wagers for gaming operators. It sets a cap on promotional play wagers at 4% of taxable revenue in 2027, 7% in 2028, and 10% in 2029 and every year thereafter. The maximum amount of promotional play wagers that a gaming operator may deduct from net gaming proceeds in any calendar year shall not exceed $5 million annually directly attributable to promotional play wagers or the percentage cap, whichever is greater.
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