Louisiana’s four racetrack casinos can begin claiming larger tax deductions for promotional gaming credits Tuesday under a one-year pilot program that state fiscal analysts estimate will reduce state revenue by about $583,000.
House Bill 75, authored by Rep. Steven Jackson, D-Shreveport, increases the annual promotional play deduction available to eligible racetrack slot facilities from $5 million to $7 million through June 30, 2027. Promotional play includes complimentary slot credits and other incentives casinos use to attract patrons.
The bill became law without the governor’s signature as Act 963.
According to the Legislative Fiscal Office, the pilot is expected to reduce state revenue by approximately $583,002 during fiscal year 2027, including about $574,627 from the state general fund.
