Louisiana Drops Prop Bet Ban After $40M Revenue Shock

BATON ROUGE, Louisiana, April 7, 2026 — Louisiana Senator Katrina Jackson-Andrews has officially withdrawn Senate Bill 354, the controversial Louisiana prop bet ban that would have eliminated proposition betting and live microbetting statewide. The reversal came after a state fiscal analysis projected nearly $40 million in annual revenue losses. Here’s why it failed and what comes next.

Why the Louisiana Prop Bet Ban Was Proposed

SB 354 was introduced in early 2026 amid growing concerns about the compulsive nature of prop bets and microbetting products, particularly their appeal to younger players. Senator Jackson-Andrews argued these rapid-fire wagering options were designed to maximise addictive behaviour.

The bill sought to ban all individual player performance bets and in-game microbets across both mobile and retail sportsbooks in Louisiana.

Key Details: The $40 Million Revenue Bombshell

The bill’s fate was sealed when Louisiana’s fiscal office released its revenue impact analysis. Prop bets and microbets account for roughly 40% of mobile sports betting revenue in the state and approximately 13% of revenue generated at retail sportsbooks.

Louisiana generated $90 million in mobile sports betting tax revenue in 2025. Losing $40 million annually would have blown a massive hole in the state’s general fund — a price lawmakers were unwilling to pay.

Industry Reaction: Prop Bets Are Here to Stay

The withdrawal sent a clear signal to the US sports betting industry: prop bets are too lucrative to ban. As Gambling Insider reported, the Louisiana case study demonstrates the fiscal trap states face when considering restrictions on high-revenue betting products.

Operators including DraftKings, FanDuel, and BetMGM had lobbied aggressively against the bill, arguing that banning prop bets would simply push bettors to unregulated offshore platforms.

What This Means for Players

For Louisiana sports bettors, prop bets and microbetting remain fully legal and available. The withdrawal preserves access to player performance markets, live in-game wagers, and rapid-fire betting options that now dominate mobile sportsbook engagement. Players looking for broader gambling options may also explore the BK8 Casino Malaysia review for international casino alternatives.

What’s Next for the Louisiana Prop Bet Ban Debate?

Senator Jackson-Andrews has confirmed she intends to revisit the issue in 2027 with revised legislation that addresses the fiscal concerns. She stated that while SB 354 will not advance during the 2026 session, the conversation about responsible gambling guardrails is far from over. The Louisiana prop bet ban may return in a modified form that balances player protection with the state’s growing dependence on sports betting tax revenue.