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Virginia Gaming Commerce Regulation Act established; penalties. Establishes the Virginia Gaming Commerce Regulation Act for the purpose of providing a regulatory and registration scheme for electronic gaming devices in the Commonwealth. The bill authorizes and specifies the registration requirements for the distribution, operation, hosting, and play of electronic gaming devices, as defined in the bill. The bill imposes a $1,200 monthly tax on each electronic gaming device from each distributor, as defined in the bill, and provides for the use of such tax proceeds after deposit in the Virginia Gaming Commerce Regulation Fund, established in the bill, with most being distributed to the Elementary and Secondary Education Fund, also established in the bill. The bill directs the Virginia Lottery Board to promulgate regulations no later than June 30, 2026, to implement the provisions of the bill and authorizes the Virginia Alcoholic Beverage Control Authority to grant a provisional registration, until the Virginia Lottery Board regulations are promulgated, to any entity that meets the respective criteria.
Introduced
Jan 11, 2025
Last Action
Feb 5, 2025
Session
VA 2025
Sponsors
1 primary · 0 co
Left in Finance and Appropriations
Fiscal Impact Statement from Department of Planning and Budget (SB1323)
Impact statement from VCSC (SB1323)
Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (9-Y 6-N)
Committee substitute printed 25105760D-S1
Assigned GL&T sub: Gaming
Impact statement from VCSC (SB1323)
Referred to Committee on General Laws and Technology
Prefiled and ordered printed; Offered 01-11-2025 25104484D
Get a plain-English explanation of what this bill does, who it affects, and why it matters.
Left in Finance and Appropriations
Christie New Craig