This bill amends and reenacts several sections of Louisiana's Revised Statutes related to video draw poker machines, specifically increasing the permissible number of machines in various establishments. Notably, the maximum number of video draw poker devices allowed at establishments selling alcoholic beverages has been increased from three to four, and at qualified truck stop facilities from fifty to sixty. Additionally, the bill introduces criteria for establishments to qualify for an additional device, requiring that the existing devices earn a combined gross revenue of at least $100,000 over three consecutive months.

Furthermore, the bill establishes the Video Draw Poker Device Purse Supplement Subfund, which will receive excess revenues from the Video Draw Poker Device Fund. This subfund will be allocated to various organizations, including the Horsemen's Bookkeeper and the Louisiana Quarter Horse Breeders Association, to support horse racing in the state. The bill also sets forth restrictions on the location of offtrack wagering facilities, prohibiting them from being within one mile of certain properties, and outlines the definitions and criteria for residential properties in relation to these facilities. The act will take effect upon the governor's signature or after the designated period for bills to become law without signature.

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