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Committee approves expansion to allow fixed‑odds wagering on horse races and dedicates revenue for purses
Summary
Senate Judiciary B voted to report House Bill 547 as amended; the bill authorizes fixed‑odds wagering on horse races in Louisiana and directs new revenue into a fund to support race purses and breeders.
House Bill 547, sponsored by Representative Boyer, was taken up in the Senate Judiciary B Committee and reported as amended after the panel adopted technical edits.
Boyer described the measure as authorizing fixed‑odds wagering for horse races to align Louisiana’s wagering options with broader sports‑betting practices and to generate new revenue to supplement race purses and support breeders and local tracks. He said the change would “modernize our wager system” and could help sustain the racing industry over the long term.
Committee members offered a technical amendment set; committee staff characterized those edits as technical. With no objections to the amendments, the package was adopted. Boyer closed by asking for the committee’s favorable consideration and Senator Owen moved to report the bill as amended; with no objection, the committee reported House Bill 547 as amended.
The committee record shows multiple supporters submitted cards and would provide information if requested; no opposition was recorded in committee.
