On August 6, the Louisiana Gaming Control Board (LGCB) issued a cease-and-desist letter letter to illegal gambling operator, Bovada. The chief Louisiana sports betting regulator is the latest state-level official to try and push Bovada out of the market. At an LGCB meeting on August 15, Chairman Chirs Herbert spoke about what the state has been doing to prohibit Bovada from continuing to operate. Bovada is an illegal gambling operator that is stealing business from legal markets in Louisiana. They’ve accomplished this through mobile applications and websites with online casinos. Louisiana is not the only state that has tried to restrict Bovada’s access. Michigan and Connecticut are two operators who have successfully prohibited Bovada from their respective states. Chris Herbert had this to say.
“It is my sincere hope that Louisiana will join the list of restricted states based on our letter, but also that soon the federal government will use its resources to crack down on companies that don’t have in place the regulatory, legal, and financial safeguards necessary to operate within the U.S. betting market,” said Herbert