SectorWire
SearchRegister
MenuClose

Louisiana gaming board classifies sports event contracts as wagering

Regulation

Louisiana Gaming Control Board chair Christopher Hebert told licensed sportsbooks and affiliates that sports event contracts offered to Louisiana customers count as sports wagering and require a state licence. In a letter dated 5 December, he said the classification applies even when contracts trade on platforms overseen by the CFTC; licensees must follow state betting, KYC and responsible-gambling rules.

Sportsbooks and affiliates face state licensing and compliance requirements for sports event contracts offered in Louisiana.

End-of-day close DraftKings (DKNG), USD, to 23 January 2026
Story date27 October 202523 January 2026

Request a correction

Flag an issue

Keep reading

Regulation

Kalshi challenges Louisiana enforcement over sports event contracts

Kalshi sued Louisiana officials in federal court on 23 October, seeking to block enforcement against its sports event contracts. The company argued that the state’s new law criminalising unauthorised computer gambling and officials’ actions threaten its federally regulated products; the Louisiana Gaming Control Board said it does not comment on pending cases.

Continue reading