Louisiana Finally Revisits Antiquated Casino Law
After more than two decades, the first time after 1991, Louisiana lawmakers will debate changing gambling laws and possibly choose economic benefits over old fashioned beliefs which only lead to declining revenue.
It is reported in The Advocate that somebody in Congress has finally mentioned the change of legislation related to casino gambling. Ronnie Jones, Republican state senator, requested from his colleagues to bear in mind that this was the right time to rethink the change of gambling laws for the state budget needed some filling.
According to the news report Jones said that the state’s laws were antiquated and that they needed an urgent update in order to keep up with other states in the United States of America. He also cited data from 2016 and pointed out that the state had acquired $906 million, just from riverboat casinos and the only gambling house based in Louisiana, precisely New Orleans, and from slot and video poker machines and lottery. He added that the revenue could be even higher in case of changing gambling laws.
Just to make sure that casinos from Louisiana can remain competitive with casinos from Mississippi and some new native American casinos in Oklahoma.
If their idea comes to realization, the new laws will be great news for Louisiana riverboat casinos, which will be able to finally move to larger spaces. What is more, in order to attract more players to visit brick-and-mortar casinos, the legislators would like to try to strike out the taxes as a promotion.
Jones also wanted to make clear that the new laws would not mean expansion of gambling in Louisiana, only moving of those riverboat casinos to the 30,000 square feet of gambling floors on land.