The bill enacts R.S. 14:90.8, which establishes regulations regarding sports wagering in Louisiana, specifically prohibiting certain individuals, referred to as "prohibited players," from placing bets on sports events. A prohibited player is defined as someone who is restricted from wagering due to various laws, self-restriction programs, or policies from sports governing bodies. The bill outlines that it is unlawful for these individuals to wager either personally or through another person, and it is also illegal for others to facilitate such wagers on their behalf.

Penalties for violating these provisions include fines and imprisonment, with specific consequences for repeat offenders. Individuals or entities that knowingly allow prohibited players to wager face more severe penalties, including higher fines and potential imprisonment. However, licensed sports wagering operators and platform providers can avoid penalties if they implement commercially reasonable measures to prevent prohibited players from placing bets. The bill is set to take effect upon the governor's signature or after the designated time period for bills to become law without a signature.