This bill amends and reenacts several sections of Louisiana's Revised Statutes related to video draw poker machines, primarily increasing the number of machines allowed in various establishments. Specifically, it raises the maximum number of video draw poker devices from three to four for establishments licensed to sell alcoholic beverages and from fifty to sixty for qualified truck stop facilities. Additionally, it introduces criteria for establishments to qualify for the placement of a fourth device, requiring that the existing three devices generate a combined gross revenue of at least $100,000 over three consecutive months.

The bill also establishes the Video Draw Poker Device Purse Supplement Subfund, which will receive excess revenues from the Video Draw Poker Device Fund. This subfund is designated for specific allocations, including support for horse racing associations and breeder awards. Furthermore, the bill outlines new restrictions on the placement of offtrack wagering facilities in proximity to certain properties, such as schools and residential areas, while providing exceptions for facilities already operating before a specified date. Overall, the legislation aims to enhance the operational framework for video draw poker devices in Louisiana while ensuring responsible placement and funding for related activities.

Statutes affected:
HB540 Original: 27:412(B)(1), 27:413(A), 27:414, 27:416(A), 27:435(D)(4)
HB540 Engrossed: 27:412(B)(1), 27:413(A), 27:414, 27:416(A), 27:435(D)(4), 27:437(C)
HB540 Reengrossed: 27:412(B)(1), 27:413(A), 27:414, 27:416(A), 27:437(C), 27:439(S
HB540 Enrolled: 27:412(B)(1), 27:413(A), 27:414, 27:416(A), 27:437(C), 27:439(S
HB540 Act : 27:412(B)(1), 27:413(A), 27:414, 27:416(A), 27:437(C), 27:439(S