§65. Licenses; fees; bond
A.(1) The commission may issue a promoter's license to hold, conduct, or give
boxing, mixed technique event, and wrestling contests or exhibitions to any applicant,
including, in the case of corporations, its officers and stockholders, who, in the discretion of
the commission, has the financial responsibility, experience, character, and general fitness,
to be such that the licensing of such applicant will be consistent with the public interest,
convenience, or necessity and with the best interests of boxing, mixed technique event, or
wrestling generally and in conformity with this Chapter and the rules and regulations of the
commission. Such licenses shall be issued for the calendar year, and the commission may
require applicants therefor to submit their applications prior to the commencement of the
calendar year. The holding of such a license shall not be construed to grant the licensee a
vested right to have the license renewed the following calendar year. The number of licenses
to be issued to hold, conduct, or give boxing, mixed technique event, or wrestling contests
or exhibitions in any particular parish shall be determined by the commission, in its
discretion consistent with the public interest, convenience, or necessity and with the best
interests of boxing or wrestling generally.
(2) Before any such license is granted, the applicant shall execute and file with the
State Boxing and Wrestling Commission a bond of five thousand dollars in favor of the
Louisiana State Boxing and Wrestling Commission as a security of good faith and ability to
abide by the terms and provisions of this Chapter, for which the commission secretary shall
issue to the applicant a certificate of its filing and approval. In lieu thereof, a certified check
will be acceptable, which amount shall be kept on deposit by the secretary for the duration
of the license period. This bond may be increased by the commission before approving the
holding, conducting, or giving of any boxing, mixed technique event, or wrestling exhibition
or contest, based upon the seating capacity of the hall or facility where said contest or
exhibition is to be conducted. The following schedule shall govern the amount of the
additional bond that may be required to be posted with the commission for the holding,
conducting, or giving of a boxing, mixed technique event, or wrestling contest or exhibition:
BOND REQUIREMENTS
SEATING CAPACITY BOND
(1) 0 to 999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 5,000.00
(2) 1,000 to 2,999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 15,000.00
(3) 3,000 to 5,999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 30,000.00
(4) 6,000 to 9,999. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 40,000.00
(5) 10,000 or above. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 50,000.00
(3) The commission may require a bond from clubs, with security, for the faithful
performance of all contracts entered into and approved by the commission. At the discretion
of the commission, the amount of the performance bond required of a club may equal but
shall not exceed the total amount of all professional boxing contracts entered into by that
club. In lieu thereof, a certified check will be acceptable. This bond shall be in addition to
the bond of between five thousand dollars and fifty thousand dollars hereinabove required.
(4) Notwithstanding any other provision of this Subsection, the commission shall not
require the furnishing of any bond for a professional wrestling promoter who, during the
calendar year the promoter's license is granted, promotes exclusively events authorized by
R.S. 4:83(B).
B. The commission may charge the following fees for licenses:
(1) Wrestling and mixed technique event promoters. . . . . . . . . . . . . . .$ 250.00
(2) Boxing promoters. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 500.00
(3) Matchmakers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250.00
(4) Referees. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 25.00
(5) Managers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 25.00
(6) Announcers. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 25.00
(7) Professional boxing contestants in main bouts. . . . . . . . . . . . . . . . $ 25.00
(8) Seconds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 25.00
(9) Professional wrestling contestants. . . . . . . . . . . . . . . . . . . . . . . . . .$ 25.00
(10) Other licenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$ 25.00
C. The commission may for cause, and after a hearing, revoke or suspend any license
issued under the provisions of this Chapter, or may fine the holder of such license the sum
of not more than one thousand dollars, or both, for any of the following reasons:
(1) Violation of any provision of this Chapter;
(2) Violation of any of the rules or regulations of the commission;
(3) Finding that the licensee has committed an act detrimental to the interests of
boxing, mixed technique event, or wrestling generally or to the public interest, convenience,
or necessity;
(4) Finding that the licensee has been guilty of or attempted any fraud or
misrepresentation in connection with boxing, mixed technique event, or wrestling; or
(5) Finding that a licensee is under suspension or has had his boxing, mixed
technique event, or wrestling license revoked in another jurisdiction.
Acts 1974, No. 553, §1. Amended by Acts 1981, No. 747, §1; Acts 1988, No. 576,
§1, eff. Sept. 1, 1988; Acts 1990, No. 640, §1; Acts 1993, No. 890, §1; Acts 2007, No. 90,
§1; Acts 2018, No. 210, §1.