La. Stat. tit. 27 § 611
Current with changes from the 2024 Legislative Session
An operator may seek to reduce its risk exposure on a sports event by placing a wager with another book. An operator may accept wagers placed by other operators. An operator may place wagers only with other operators. The operator that places a wager shall inform the book accepting the wager that the wager is being placed by a book and shall disclose the book's identity.
La. R.S. § 27:611