RS 27:611
80 words·~1 min read·
/la/title-27/27-308A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
RS 27:611
§611. Layoff bets
An operator may seek to reduce its risk exposure on a sports event by placing a wager with another book. An operator may accept wagers placed by other operators. An operator may place wagers only with other operators. The operator that places a wager shall inform the book accepting the wager that the wager is being placed by a book and shall disclose the book's identity.
Acts 2021, No. 440, §1, eff. July 1, 2021.