Louisiana sports betting on the Sugar Bowl promises to be big. When Alabama and Kansas State kickoff in the Sugar Bowl tomorrow the action on the field will be nothing compared to the action taking place in online wagering. “You’re going to see a significant amount of sports betting,” Says Gaming Control Board Chairman Ronnie Johns. “We’re estimating anywhere from 85-to-90 percent, maybe even higher than that done electronically by mobile.”
Louisiana Gaming Control Board Chairman Ronnie Johns says the Sugar Bowl will be a great event to wrap up the state's first year with online wagering.
And while there will be a lot of action on field between the two teams, most of the action will be electronic, in the form of wagering. “If somebody from Alabama wants to bet on the game, they’re going to have to come into a state which has legalized sports betting—which Alabama does not have. With that said, we’re just anticipating having wagering this weekend.”
With all the wagering going on for the Sugar Bowl, from straight up bets to hundreds of potential prop bets that can be made.
As Johns explains the state gets its piece of the action from the winnings.
“Players are taxed on the win. Whatever the licensee wins. Say big Harrah’s, they use the Caesars App, whenever they win, if it’s done electronically they’re taxed at 15-percent. If it’s done on property they’re taxed at 10-percent.”
Johns expects the state’s casino sportsbooks to fill with bettors from out of state who come to Louisiana to get their bets down and enjoy the game from the comfort of a sports book.
“And seeing it just jam packed with Texas people, and very few people are going up to the window and betting. They’re sitting there, they’re having their beverage, they’re having their food, and they’re betting electronically right there in the sportsbook.”
