Life is good for sports fans in Louisiana, and now a DraftKings Louisiana license for daily fantasy sports is a reality.
The news comes with summer hitting its peak and college football and the NFL right around the corner.
Here’s the latest.
DraftKings Louisiana License Approved
It’s about time, lawmakers. Sports betting apps in Louisiana will come to Louisiana soon, but daily fantasy sports have come first.
Louisiana legalized sports betting in 2018 and now, more than two years later, the state’s gaming control board has approved its first DFS license. The lucky recipient? DraftKings, which announced its app is now live in the state.
The news broke earlier this month and marked the fulfillment of two long years of political wrangling and regulatory foot-dragging. But it couldn’t come soon enough, because football season is right around the corner.
“As DraftKings continues our nationwide expansion, we welcome Louisiana to the DraftKings family, an area rich with culture, heritage, and die-hard fanbases in both professional and college sports,” DraftKings North America Co-founder Matt Kalish said in a press release. “The Bayou will now have access to our world-leading Daily Fantasy Sports product as we ramp up toward the kickoff of football season.”
Promos coming for new players
DraftKings Louisiana will run a series of promotions to boost its profile in the Pelican State. Among those promotions is free entry into a $3 contest when players deposit at least $5. The company plans to offer “charity-driven contests” that will take a portion of bets placed and donate them to the Arbor Foundation ahead of Earth Day 2022.
In addition to promos, DraftKings noted it will offer new games and establish its Fair Play Commitment Initiative. The initiative bars DFS high-earners from participating in the same games as casual and beginner contests. Per Louisiana’s state law, a beginner is defined as a player who has “entered 50 or fewer fantasy sports contests” offered by a DFS operator.
DK will not be available in every parish
DFS is relatively new in Louisiana and is long overdue after the state approved DFS in 2018. It’s taken more than two years for lawmakers to settle on regulations. Though the wheels of justice moved slowly, they are no longer…for most of the state’s parishes.
When DFS was introduced in 2018, the state didn’t do a blanket approval for all parish. Rather, it allowed each parish to vote on the issue. The state’s two biggest sports hubs, Baton Rouge (LSU) and New Orleans, are located counties that approved DFS. But, as is the case in a country with conservative corners of the world too pious for placing bets, 17 parishes chose not to have DFS in their municipalities:
- Jefferson Davis
- West Carroll
While the list of parishes that outlawed DFS is substantial, state law makes it easy to get around the bans. Once a player is physically located in a parish that allows DFS, they’re good to go. For those that live in parishes that banned DFS, playing may be as simple as driving to a neighboring parish.
Looking ahead: What’s next?
Louisiana will likely follow suit with other states that have allowed DFS over the past few years. Expect big names like FanDuel and Monkey Knife Fight (MKF) to announce their licenses soon, as the barrier to entry in the state is pretty weak: $16,000 in application fees.