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Horse racing and pari-mutuel wagering; breakage. Amends the definition of "breakage" for the purposes of horse racing other than historical horse racing to mean the odd cents by which the amount payable on each dollar wagered exceeds one cent ($0.01). The bill also provides that 100 percent of the legitimate breakage from each pari-mutuel pool for historical horse racing shall be distributed to the Problem Gambling Treatment and Support Fund.
Introduced
Jan 3, 2025
Last Action
Jan 28, 2025
Session
VA 2025
Sponsors
1 primary · 1 co
Passed by indefinitely in Finance and Appropriations (8-Y 7-N)
Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (12-Y 0-N)
Committee substitute printed 25105374D-S1
Assigned GL&T sub: Gaming
Prefiled and ordered printed; Offered 01-08-2025 25103020D
Referred to Committee on General Laws and Technology
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Passed by indefinitely in Finance and Appropriations (8-Y 7-N)
Bryce E. Reeves
Paul E. Krizek