SLS 14RS-538 ORIGINAL
Page 1 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
Regular Session, 2014
SENATE BILL NO. 133
BY SENATOR MORRELL
GAMING. Provides relative to significant influence for purposes of certain gaming licenses.
(8/1/14)
AN ACT1
To amend and reenact R.S. 27:28(H)(1), relative to the Louisiana Gaming Control Board;2
to provide relative to persons who have the ability or capacity to exercise significant3
influence over gaming licensees, operators, permittees, or other persons who are4
required to be found suitable; and to provide for related matters.5
Be it enacted by the Legislature of Louisiana:6
Section 1. R.S. 27:28(H)(1) is hereby amended and reenacted to read as follows:7
ยง28. Suitability standards8
* * *9
H.(1)(a) Any person who has or controls directly or indirectly five percent10
or more ownership, income, or profit or economic interest in an entity which has or11
applies for a license or permit or enters into a casino operating contract with the state12
pursuant to the provisions of this Title, or who receives five percent or more revenue13
interest in the form of a commission, finder's fee, loan repayment, or any other14
business expense related to the gaming operation, or who has the ability, in the15
opinion of the board, or capacity to exercise a significant influence over a licensee,16
the casino gaming operator, a permittee, or other person required to be found suitable17 SB NO. 133
SLS 14RS-538 ORIGINAL
Page 2 of 2
Coding: Words which are struck through are deletions from existing law;
words in boldface type and underscored are additions.
pursuant to the provisions of this Title, shall meet all suitability requirements and1
qualifications pursuant to the provisions of this Title.2
(b) In determining whether a person has significant influence for3
purposes of this Section, the board or division may consider but is not limited4
to the following: management and decision making authority; operational5
control; financial relationship; receipt of gaming revenue or proceeds; financial6
indebtedness; and gaming related associations.7
* * *8
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Cathy Wells.
DIGEST
Morrell (SB 133)
Present law provides that any person who has or controls directly or indirectly five percent
or more ownership, income, or profit or economic interest in an entity which has or applies
for a license or permit or enters into a casino operating contract with the state pursuant to the
provisions of this Title, or who receives five percent or more revenue interest in the form of
a commission, finder's fee, loan repayment, or any other business expense related to the
gaming operation, or who has the ability, in the opinion of the board, to exercise a significant
influence over a licensee, the casino gaming operator, a permittee, or other person required
to be found suitable pursuant to the provisions of law, is also required to meet all suitability
requirements and qualifications pursuant to the provisions of law.
Proposed law retains present law and requires any person who also has the capacity to
exercise a significant influence over a licensee, the casino gaming operator, or a permittee,
is also required to meet all suitability requirements and qualifications.
Proposed law provides that in determining whether a person has significant influence, the
board or division may consider but is not limited to the following: management and decision
making authority; operational control; financial relationship; receipt of gaming revenue or
proceeds; financial indebtedness; and gaming related associations.
Effective August 1, 2014.
(Amends R.S. 27:28(H)(1))