RS 27:611 - Layoff bets An operator may seek to reduce its risk exposure on a sports event by placing a wager with another book. An operator may accept wagers placed by other operators. An operator may place wagers only with other operators. The operator that places a wager shall inform the book accepting the wager that the wager is being placed by a book and shall disclose the book's identity. Acts 2021, No. 440, §1, eff. July 1, 2021.
Louisiana Legal Code