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Louisiana Withdraws SB 354, Professional Prop Bets Safe
Louisiana's Senate Bill 354 (SB 354), which intended to extend restrictions on prop bets, will no longer move on this session. The decision keeps professional prop bets and micro-bets offered throughout US online sportsbooks operating in the state.
It is necessary to keep in mind that Louisiana had actually currently prohibited specific player prop bets for college sports in 2024. SB 354 would have used similar limitations to expert sports, targeting wagers connected to in-game results and player efficiency.
Senator Katrina Jackson-Andrews Withdraws SB 354
Senator Katrina Jackson-Andrews presented SB 354 earlier in 2026 to suppress growing concerns over expert sports wagering. She ultimately decided to withdraw the costs before it might advance further in the legislative procedure.
The decision followed feedback from stakeholders and fiscal experts, together with careful consideration of unexpected effects. Lawmakers picked to stop briefly the proposition rather than push forward in the middle of uncertainty.
SB 354's Key Provisions
SB 354 concentrated on professional prop bets and micro-bets. Micro-bets are short-term wagers on little occasions throughout a game (e.g., banking on whether the next pitch is a strike). The bill would have restricted:
Player-specific prop bets in expert leagues such as the NFL, NBA, and MLB
In-game micro-bets tied to particular plays or outcomes
Fast-paced betting markets targeting single occasions
Supporters highlighted increasing concerns about athlete harassment, noting a growing trend of gamers being called or pressured by wagerers over specific results. This concern has actually been particularly popular in the NCAA and NBA, and it was a major personal incentive for Senator Jackson-Andrews.
Critics, nevertheless, alerted that the restriction would get rid of a considerable profits stream and interrupt the expert sports wagering market.
Lost Tax Revenue Raises Warning
A fiscal analysis was definitive in the expense's withdrawal. Estimates suggested that prohibiting professional prop and micro-bets might cost Louisiana $40 million every year.
These wagers comprise approximately 40% of online wagering volume in the state. Removing them would considerably lower taxable profits, which supports numerous state programs.
Supporters stressed consumer securities and reducing athlete-targeted harassment. Opponents, including market stakeholders, argued that limiting professional prop bets would compromise US online sportsbooks running in Louisiana and might drive bettors towards offshore or uncontrolled markets.
What's Next for Louisiana Sports Betting?
Although SB 354 is withdrawn, the dispute over professional prop bets continues. Lawmakers are considering methods to stabilize accountable video gaming, professional athlete securities, and market health.
Future propositions may focus on targeted safeguards, such as limitations on high-risk wagers or boosted accountable gaming procedures, instead of straight-out bans. Local politics, public opinion, and fiscal concerns will influence any new legislation.
In the meantime, expert prop bets remain legal, while college-specific gamer props continue to be prohibited. The withdrawal of SB 354 underscores continuous discussions about Louisiana gaming regulation and the progressing sports wagering landscape.
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