2020 First Extraordinary Session ENROLLED SENATE BILL NO. 5 BY SENATORS JOHNS AND SMITH AND REPRESENTATIVES WILFORD CARTER, FARNUM, GAINES, LARVADAIN, MARCELLE, PIERRE AND ROMERO 1 AN ACT 2 To amend and reenact R.S. 27:44(16), 205(17), and 353(8), and to enact R.S. 27:44(21.1), 3 205(30.1), and 353(9.1), relative to gaming; to except certain promotional play 4 wagers in determining net revenue in certain gaming; and to provide for related 5 matters. 6 Be it enacted by the Legislature of Louisiana: 7 Section 1. R.S. 27:44(16), 205(17), and 353(8) are hereby amended and reenacted, 8 and R.S. 27:44(21.1), 205(30.1), and 353(9.1) are hereby enacted to read as follows: 9 §44. Definitions 10 When used in this Chapter, the following terms shall mean: 11 * * * 12 (16) "Net gaming proceeds" means the total of all cash and property, 13 including checks received by a licensee, whether collected or not, received by the 14 licensee from gaming operations, less the total of all cash paid out as winnings to 15 patrons and five million dollars annually directly attributable to promotional 16 play wagers. 17 * * * 18 (21.1) "Promotional play wagers" means wagers placed by patrons using 19 noncashable vouchers, promotional chips, coupons, electronic credits, electronic 20 promotions, scrips, or any other cash equivalent that is provided to the patron 21 by the licensee. 22 * * * ACT No. 14 Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 5 ENROLLED 1 §205. Definitions 2 When used in this Chapter, the following terms have these meanings: 3 * * * 4 (17) "Gross revenue" means the total of all value received by the casino 5 gaming operator from gaming operations, including cash, checks, vouchers, 6 instruments and anything received in payment for credit extended to a patron for 7 purposes of gaming, and compensation received for conducting any game in which 8 the casino gaming operator is not party to a wager, less the total of all value or 9 amounts paid out as winnings to patrons and credit instruments or checks which are 10 uncollected as determined by rule of the corporation and five million dollars 11 annually directly attributable to promotional play wagers. 12 * * * 13 (30.1) "Promotional play wagers" means wagers placed by patrons using 14 noncashable vouchers, promotional chips, coupons, electronic credits, electronic 15 promotions, scrips, or any other cash equivalent that is provided to the patron 16 by the casino gaming operator. 17 * * * 18 §353. Definitions 19 When used in this Chapter, the following terms shall have these meanings: 20 * * * 21 (8) "Net slot machine proceeds" means the total of all cash and property 22 received by a licensee from slot machine gaming operations minus the amount of 23 cash or prizes paid to winners and five million dollars annually directly 24 attributable to promotional play wagers. 25 * * * 26 (9.1) "Promotional play wagers" means wagers placed by patrons using 27 noncashable vouchers, promotional chips, coupons, electronic credits, electronic 28 promotions, scrips, or any other cash equivalent that is provided to the patron 29 by the licensee. 30 * * * Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. SB NO. 5 ENROLLED 1 Section 2. This Act shall become effective upon signature by the governor or, if not 2 signed by the governor, upon expiration of the time for bills to become law without signature 3 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If 4 vetoed by the governor and subsequently approved by the legislature, this Act shall become 5 effective on the day following such approval. PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions.