Cover Photo: Ethan Miller/Getty Images

Louisiana lawmakers are hoping to finally get sports betting within the state's borders, as neighboring Mississippi is set to rake in lots of money, partially due to Louisiana's inactivity on the matter in 2018.

In August, Mississippi became one of the few states to allow sports betting. They have collected more than $5.5 million through September 2018, generating about $650,000 in state revenue in the first two months.

Sen. Danny Martiny, who was one of the most vocal supporters in the failed effort earlier this year, has decided to file legislation on legalized sports betting. It must be finalized in the next legislative session, which begins April 8 and must end by June 6.

"If we don't address it, the world will be way out ahead of Louisiana and we're going to be lagging behind," Sen. Norby Chabert, R-Houma, said during a hearing at the state capitol on Wednesday.

Numbers show that the Mississippi economy has gotten a massive boost in revenue, due to hotel stays, restaurants, bars, and other local amenities.

Allen Godfrey, the executive director of the Mississippi Gaming Commission, said, "The operators we've talked to have stated that there is a lot of enthusiasm and a lot of new traffic." 

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