Louisiana House Bill HB295

Louisiana 2017 Regular Session

• Introduced: 3/30/17
• Refer: 3/30/17
• Refer: 4/10/17
• Report Pass: 4/19/17
• Engrossed: 4/27/17
• Refer: 5/1/17
• Report Pass: 5/9/17
• Enrolled: 5/24/17
• Chaptered: 6/3/17
• Passed: 6/3/17

Caption

Provides relative to the forms of payment a video draw poker device accepts

Impact

The passage of HB295 is expected to have significant implications for state gaming laws. By allowing higher cash denominations and ticket voucher options, the bill could lead to increased play and revenue generation from video draw poker machines. Operators of these devices may find it easier to attract players who prefer the convenience of ticket vouchers and the ability to bet larger amounts without the need for excessive cash handling. Additionally, local gaming establishments may see a boom in business as the appeal of playing increases with the improved payment flexibility.

Summary

House Bill 295 seeks to amend the regulations surrounding video draw poker devices in Louisiana, specifically by expanding the methods of payment these machines can accept. The bill allows video draw poker devices to accept ticket vouchers and raises the allowable cash denomination from $100 to $2100. This change aims to modernize the payment systems for these gaming machines and enhance user convenience by permitting larger transactions, thus potentially increasing patron engagement and revenue for operators.

Sentiment

General sentiment around HB295 appears to be notably supportive, particularly among gaming operators and those in favor of expanding gambling capacities. Proponents argue that the changes are necessary to keep up with modern consumer preferences and to ensure that Louisiana's gambling market remains competitive with other states. However, there may also be some opposition from segments concerned about gambling proliferation and its potential social impacts.

Contention

While the bill has garnered support, it may face contention from various advocates who express concerns over gambling addiction and the impacts of increased accessibility of such gaming devices. Critics might argue that encouraging higher stakes and the use of ticket vouchers could exacerbate gambling-related issues in the community. The ongoing debate about the balance between economic benefits of expanded gambling and social responsibility continues to be a point of contention among legislators.