Requires annual report from the Gaming Control Board on impact of technology advances on gaming industry. (8/1/14)
Impact
The bill impacts state laws by establishing a formal process for the Gaming Control Board to report on technological changes within the industry. This requirement is designed to facilitate proactive governance, allowing the state to adapt to shifts in gaming technology and consumer behavior. Having a structured reporting system will enable the Louisiana legislature to consider necessary regulatory adjustments and ensure that they remain relevant in the face of new developments, particularly with respect to internet gaming and compliance with age verification protocols.
Summary
Senate Bill 542, proposed by Senator Morrell, mandates that the Gaming Control Board of Louisiana submits an annual report detailing the effects of technological advancements on the gaming industry. This legislation aims to enhance legislative awareness regarding the rapid evolution of gaming technologies, including unregulated gaming options such as online games. It emphasizes the importance of keeping legislative bodies informed about these developments to address potential regulatory concerns and to improve statewide regulations concerning gaming.
Sentiment
The sentiment surrounding SB 542 appears to be supportive, with unanimous approval demonstrated during the legislative process, as evidenced by the 97-0 vote in the House for its final passage. There is a recognition among lawmakers of the importance of understanding technology's role in gaming to better regulate the industry and protect consumers. This collective support suggests a consensus on the need to address the intersection of technology and gaming proactively.
Contention
Notably, while there is broad support for the bill, potential contention may arise from how the proposed reporting system is implemented and the specific recommendations it may make. As the Gaming Control Board conducts its assessments, stakeholders within the gaming industry may have differing views on how regulations should evolve in response to technology's impact. Additionally, issues related to age verification and geo-location enforcement highlight the challenges that lawmakers will need to navigate as they balance innovation with regulatory responsibilities.
Requests the Louisiana Gaming Control Board to report on the fiscal impact of the promotional play exception to the definitions of net gaming proceeds, gross revenue, and net slot machine proceeds.
Makes technical changes to update cross references to gaming laws and authorizes the Louisiana Gaming Control Board to conduct open meetings via video conferencing. (7/1/22)
Provides relative to deadlines for financial disclosures required of members and certain employees of the Gaming Control Board and of the gaming enforcement division (RE1 +87,533 FC SG RV)