Louisiana Prop Bill Ban Proposal Dies After Fiscal Note

Prop betting won’t be leaving the Bayou State in 2026.

The Louisiana Senate has abandoned SB 354, which proposed to ban prop betting in the state. The bill had received early support, but that changed after a fiscal note estimated over $29 million in tax revenue would be lost. 

The stunning projection led to a rapid drop in support, though several lawmakers insisted they wanted to revisit the issue in 2027.

The fiscal note provided the following breakdown of the impact on each program currently receiving tax revenue generated by sports betting:

In 2024, Louisiana officially banned player prop bets involving college athletes. No other prop bet bans have been enacted in Louisiana's sports betting market since.

Note Shows What We Already Knew

There are plenty of reasons states want more regulations on prop betting. This bet type has been linked to rises in problem gambling, athlete harassment, and integrity concerns. While some states have banned college player props, most have been hesitant to take action. 

Louisiana’s recent fiscal note shows why.

Prop bets have been driving revenue for mobile sportsbooks since becoming legal in the US. It gives bettors more options for single wagers and allows for the long-odd parlay bets so many love. 

Sportsbooks have cited this when speaking against bans on prop bets, but it appears Louisiana lawmakers weren’t sold. With the projections shared in the Senate, they now see what the rest of the industry has long known.