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Effective August 15, 1997, “gambling by computer” was made a criminal offense.
Stat. § 14:90.3 (1997). A few other states have followed with similar legislation.
In December of 2000 Congress amended the Interstate Horseracing Act, 15 United StatesC. §3001-7 to allow states to decide whether their residents can make bets on horse races by phone and computer.
The DOJ Memorandum The turning point for the push by states to legalize and implement online gambling was a DOJ memorandum released on December 23, 2011.
More recently, a Bossier City man was sentenced on July 31, 2013 to three years of probation and ordered to pay a $50,000 fine for acting as a local administrator for an internet sports gambling website based in Costa Rica.
Renita Young, State Legislature Eyeing Internet Gaming in Upcoming Session, Times-Picayune, through NOLA.com, January 22, 2014.
Even as of May 2014, less than half of online gambling credit card transactions in New Jersey are approved.
A new Governor in 2015, the fear of losing tax revenue to illegal online gambling, and the lure of adding jobs to the state’s economy, may be the right combination to kick start Louisiana’s online gambling industry in 2015.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Adams and Reese | 1950 | $88.0M | 594 | 31 |
| Kirkland & Ellis | 1909 | $4.8B | 5,721 | 91 |
| Ballard Spahr | 1886 | $420.0M | 1,100 | 23 |
| BakerHostetler | 1916 | $732.0M | 1,771 | - |
| Locke Lord | October 2, 2007 | $100.0M | 1,502 | - |
| Baker Donelson | 1888 | $170.0M | 1,384 | 38 |
| Jones Walker | 1937 | $130.0M | 800 | - |
| Haight Brown & Bonesteel | 1937 | $19.0M | 130 | 23 |
| Wilson Elser Moskowitz Edelman & Dicker Llp | 1962 | $260.0M | 1,500 | 38 |
| Law Offices Of Richard A. Jaffe | 1994 | $284.9K | 5 | - |
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