Herein are Video Gaming laws that were enacted, amended and re-enacted during the 1999 Louisiana Legislative session. Listed below are the highlights of each legislation.

As a reminder, these are of some of the highlights of the laws. Please read complete laws to receive total understanding.
 

• •Directs the Louisiana Gaming Control Board to end the practice of assessing full application fees each time an application for licensure has to be amended, revised, and resubmitted to the board.

 

• •Directs the Louisiana Gaming Control Board not to count the under-aged violation against the licensees who were issued "Notice of Violation Inspection Reports."

 

• •Directs the Louisiana Gaming Control Board to study the feasibility, practicality, and effectiveness of offering compulsive gambling services in more than one language.

 

To enact R.S. 47:7003(G), (H), (I), and (J):
 

In part: G. Authorizes the state police to issue a temporary special letter for display of gaming equipment by gaming manufacturers and distributors at trade shows or conventions having a legal capacity to hold two hundred fifty or more persons.
 

Devices:
 

• •Must be in demo mode

• •Can not accept any form of currency, coins or tokens

• •Can not dispense any form of currency, coins, or tokens

H., I., and J ARE NOT recapped.
 

To enact R.S. 27:91(E), to wit: license/permit reciprocity
 

In part: Qualified license gaming manufacturers, distributors, suppliers of non-gaming services or goods may operate across in-state gaming unit boundaries. The entities must file the appropriate licensing fees for the applicable unit.
 
 

To amend and reenact R.S. 27:306(E)(2)
 

In part: Increases the change of ownership provision from a maximum of sixty days to 180 days for which devices may be operated on the previous owner's license.
 

The Division may disable the devices if any of the following occurs:

• •The division finds the new applicant unsuitable

• •Denial of the new license application

 
• •One hundred and eighty days elapse

 

 
 
 
 
 
 
 
 
 
 
 
 
 

To amend and reenact R.S. 27:311(A)
 

In part: Establishes a five year license for all types of video gaming licenses. The Louisiana Gaming Control Board must develop rules for staggering the licenses. The license staggering system must be fully implemented by 2004. Licensees are required to submit the annual licensing fees on or before July 1^st to maintain the validity of the license.
 

To amend and reenact R.S. 27:301(B)(13)
 

In part: Redefines the functions and authority of Service Entities. Service Entities may make repairs on devices in the presence of a Device Owner or their appointed employee. Service Entities can not perform any accounting functions from the devices, make money drops, transport device funds, or perform any device reporting requirements.
 

Bottom line: Service Entities may only repair devices in the presence of a Device Owner or their appointed employee.
 

To amend and reenact R.S. 27:301(B)(16)
 

In part: Defines an Institutional Investor.
 

Qualifications:

• •Plan or trust established and maintained by the United States Government, state, a political subdivision of the state for the benefit of their employees.

 
• •An investment company that is registered under the Investment Company Act of 1940.

 
• •A collective investment trust organized by a bank under Part Nine of the rules of the Comptroller of the Currency.

 
• •A closed end investment trust registered with the United States Securities and Exchange Commission.

 
• •A mutual fund.

 
• •A life insurance company or property and casualty insurance company

 
• •A federal or state bank.

 
• •An investment advisor registered under the Investment Advisors Act of 1940.

 

In part: Racetracks, pari-mutuel wagering facility or an offtrack wagering facility has no minimum wagering for video gaming devices.
 

It means possibly nickel games.

To amend and reenact R.S. 27:306A)(5)(b)
 

In part: Truck Stops may lease with control any other business operations. No financial lending institution or pawnshop shall be located on the premises of a qualified truck stop facility.

This does not include Automatic Teller Machines (ATMs)
 

Note: R.S. 27:306A)(5)(d) remains intact; therefore, the fuel facility may not be leased out.

To amend and reenact R.S. 27:306(A)(7)(a)
 

In part: Deletes 1994 outdated language for truck stops.
 

To amend and reenact R.S. 27:309(B)
 

In part: Includes entities that manufacture, distribute, or sell illegal devices as described in R.S. 15:31.
 

To amend and reenact R.S. 27:310(F)
 

In part: The board shall issue, under penalty of revocation of the license, a condition naming the person who failed to provide all or part of the documents or information required by the board or the division, and declaring that such person may not:

(1) Receive dividends or interest on securities of a corporation holding a license, if the person has or controls directly or indirectly more than a five percent ownership, income, or profit interest in such corporation; or
 

(2) Exercise directly, or through a trustee or nominee, a right conferred by securities of a corporation holding a license, if the person has or controls directly or indirectly more than a five percent ownership, income, or profit interest in such corporation; or
 
 
 

(3) Receive remuneration or other economic benefit from any person holding a license issued pursuant to the provisions of this Chapter; or
 

(4) Exercise significant influence over the activities of a person holding a license issued pursuant to the provisions of this Chapter; or
 

(5) Continue owning or holding a security of a corporation holding a license if the person has or controls directly or indirectly more than a five percent ownership, income, or profit interest in such corporation.
 

To amend and reenact R.S. 27:310(G)
 

In part: An Institutional Investor as defined in R.S. 27:301(B)(16)

and does not meet any of the provisions of R.S. 27:310(D) may not be required to meet suitability.
 

If the Division determines that they need to meet suitability, they are required to comply.
 

To amend and reenact R.S. 27:311(J)
 

In part: Requires the Division to process new filed application within 120 days, or provide written justification to the contrary.
 

To enact R.S. 1:60
 

In part: Pertains to all documents and/or information that are required by the Division.
 

Documents and/or information are considered timely filed under the following conditions.
 

• •Delivered on or before the due date.

 
• •Received on the first working day after the due date.

 
• •Mailed on or before the due date.

 

 
 
 
 
 
 
 
 
 

Disclaimer: This information is not all inclusive of the content of the effected laws. To ensure that the total gravity of the applicability of each law is received, the reader should review the complete law and digest the contents wholly.
 
 
 

GENERAL INFORMATION:
 

1. There is no known prohibition that prevents one licensed Device Owner from contracting (written) with another licensed Device Owner to provide the following services:

• •Device accounting functions
• •Device money drops
• •Device service and repairs
• •Device inspections