summary
Introduced
01/05/2019
01/05/2019
In Committee
01/28/2019
01/28/2019
Crossed Over
Passed
Dead
02/24/2019
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)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://lis.virginia.gov/cgi-bin/legp604.exe?191+sum+SB1238 |
| BillText | http://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1238+hil |
| Bill | http://lis.virginia.gov/cgi-bin/legp604.exe?191+ful+SB1238+hil+pdf |
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