GAMING: Removes sports-related proposition betting from the definition of permitted sports wagers and prohibits micro-bets and proposition bets. (8/1/26) (OR DECREASE GF RV See Note)

SB 354 prohibits two specific types of sports bets in Louisiana: proposition bets (side wagers on non-final outcomes, like "will the first touchdown be a pass?") and micro-bets (live wagers on individual plays during a game). It amends state law to remove sports-related proposition betting from the definition of permitted wagers and explicitly bans operators from accepting or paying on these bet types under new sections 608(C)(5) and (6). The law directly affects licensed sports betting operators in Louisiana, requiring them to eliminate these specific bet options from their offerings. This is a concrete policy change focused on restricting certain betting mechanisms, not on broader gambling regulation.