Louisiana Raises Tax Rate on Sports Betting to Fund D1 Athletics

Louisiana Raises Tax Rate on Sports Betting to Fund D1 Athletics

Louisiana Raises Tax Rate on Sports Betting to Fund D1 Athletics milemitchell Tue, 06/10/2025 - 12:43 Louisiana lawmakers have sent legislation that hikes the state’s sports betting tax rate to Gov. Jeff Landry, who is expected to sign the measure into law. House Bill 639 received overwhelming approval from both sides of the Louisiana State Legislature. It first passed the House 74-16 in May before the Senate approved it by a 35-3 vote on Sunday…

Louisiana Senate approves sports betting tax hike bill

Louisiana lawmakers have approved legislation to increase the state’s online sports betting tax rate from 15% to 21.5%. House Bill 639, first introduced by Republican representative Neil Riser, passed through the state’s Senate with a 35-3 vote on Sunday, June 8. The bill will now head to Governor Jeff Landry to give his signature and make the bill official state law, after it was enrolled and signed by the Speaker of the House, Phillip DeVillie…