Another fantastic sports betting company gets license in Louisiana

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A second company receives a state license to run fantastic sports betting operations in nearly three-quarters of parishes in Louisiana where voters have authorized the activity.

The Louisiana Gaming Control Board voted unanimously on Thursday for FanDuel to join DraftKings in launching fantastic sports contests in the 47 parishes allowed to play after the November 2018 election results.

In fantasy sports, people create imaginary teams of real sports players and score points based on the performance of those players in real games. The websites charge an entry fee and offer payouts to the winners. New York-based FanDuel is one of the nation’s largest fantasy sports companies, with operations in 44 states, according to its website.

Participants in Louisiana fantasy sports competitions must be at least 21 years old. Gambling is only allowed in parishes where voters have allowed it.

Voters in 55 parishes also legalized sports betting on live action games. Paragon Casino Resort in Marksville has started offering sports betting at its tribal casino, but the Gaming Control Board has yet to license the first state-regulated sports betting site.

Board chairman Ronnie Johns said state police review of applications was briefly interrupted by Hurricane Ida because soldiers were deployed for response work. Johns said he did not have a date for the issuance of the first live sports betting licenses, “but it will be soon.”


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