Bill

Bill > SB1238


VA SB1238

VA SB1238
Virginia Sports Betting Department; created, etc.


summary

Introduced
01/05/2019
In Committee
01/28/2019
Crossed Over
Passed
Dead
02/24/2019

Introduced Session

2019 Regular Session

Bill Summary

Sports betting; Virginia Sports Betting Department created; Sports betting; Virginia Sports Betting Department created; Problem Gambling Treatment and Support Fund; Sports Betting Operations Fund; penalties. Establishes the Virginia Sports Betting Department (the Department) and authorizes it to regulate sports betting. Before administering a sports betting operation, an entity is required to apply for a three-year license and pay an application fee of $5,000. An entity could apply for a license to operate only (i) at a racetrack or off-track betting facility in a locality that as of 2019 had approved such facilities at referendum or (ii) in a locality that votes to allow sports betting at referendum. Licensed vendors must apply for renewal of a license every three years, which requires a renewal

AI Summary

This bill establishes the Virginia Sports Betting Department and authorizes it to regulate sports betting in the Commonwealth. Before administering a sports betting operation, an entity must apply for a three-year license and pay a $5,000 application fee. Entities can only apply for a license to operate at a racetrack or off-track betting facility in a locality that approved such facilities by referendum as of 2019, or in a locality that votes to allow sports betting by referendum. The bill also creates the Problem Gambling Treatment and Support Fund and the Sports Betting Operations Fund, and imposes penalties for violations of the law.

Committee Categories

Budget and Finance, Justice

Sponsors (2)

Last Action

Passed by indefinitely in Finance with letter (16-Y 0-N) (on 01/31/2019)

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