La. Admin. Code tit. 42 § XV-1157

Current through Register Vol. 50, No. 11, November 20, 2024

Section XV-1157 - Retail Establishment Contract

A. A contract between the operator and a retail establishment shall include the following requirements.

1. The operator may suspend or terminate the contract in the event of suspension or termination of the retail establishment permit. No person may operate as a retail establishment without a permit.

2. A sports wagering mechanism shall be located only in an area where accessibility is limited to patrons 21 years of age or older.

3. In consideration for the hosting of a sports wagering mechanism, the retail establishment shall be paid the greater of the following each month.

a. One and one half percent of the cash accumulated in the sports wagering mechanism located on the retail establishment-us premises.

b. Ten percent of the net gaming proceeds of all wagers placed by patrons through a sports wagering mechanism located on the premises of the retail establishment and wagers placed through an operator website or mobile application while the patron is located on the premises of the retail establishment.

4. The monies owed to the retail establishment shall be remitted to the retail establishment within 20 days of the end of each calendar month for the immediately preceding calendar month.

La. Admin. Code tit. 42, § XV-1157

Promulgated by the Louisiana Lottery Corporation LR 471891 (12/1/2021).

AUTHORITY NOTE: Promulgated in accordance with R.S. 47:9001 et seq.