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Louisiana senator withdraws prop-bet ban proposal over revenue concerns

Regulation

Louisiana State Senator Katrina Jackson-Andrews withdrew a bill to prohibit proposition bets and in-game micro wagers during a legislative hearing. Legislative analysts estimated the ban could cut more than $20 million from the state budget and a further $17 million from education, healthcare and sports funding combined; Jackson-Andrews said she may revisit the issue in a future session.

Operators would retain access to proposition and in-game wagers in Louisiana while the proposal is reconsidered.

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