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Setting the odds is a complicated course of action that includes a group of odds compilers and, generally, a head oddsmaker for every sport. The Louisiana Gaming Board of Control is responsible for overseeing all sports-related activities, which contains handling licensed to approved operators in th

The law will set the on the net sports betting tax rate at ten% of adjusted gross sports betting revenue and every license will cost $500,000. The bill sets the retail tax price at 9.75% and the on-line sports betting tax rate at 14.25% on adjusted gross sports betting income. Rep. Michael Meredith

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