• About Us / Contact
  • Responsible Gambling
This site contains commercial content
SportsHandle
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
SportsHandle
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News
No Result
View All Result
SportsHandle
No Result
View All Result

Bill Pre-Filed In Virginia To Legalize Sports Betting In 2020

Previously, the legislature commissioned a study on the fiscal and social impact of legalizing casino gambling

Jeff Walsh by Jeff Walsh
November 19, 2019
in Regulation
va sports betting

Aerial panorama of Norfolk Virginia by night. Norfolk is the second-most populous city in Virginia after neighboring Virginia Beach and the host of the largest navy base in the world. (Shutterstock)

Share on FacebookShare on Twitter

On Monday, Republican Delegate Barry D. Knight pre-filed House Bill No. 4 (HB 4), which will look to amend the current Code of Virginia and authorize casino gaming in the Commonwealth, to be regulated by the Virginia Lottery Board. Casino gaming, per the bill, would include sports betting.

Virginia is among a minority of states that has blocked casino gambling for decades. With Democratic Governor Ralph Northam hesitant to flip the switch, this past session the state’s General Assembly passed Senate Bill 1126, which commissioned a study to review casino gaming laws in other states and its fiscal and social impact. The study is due before Dec. 1.

The bills adds a new Chapter to the Virginia Code entitled Casino Gaming and require a referendum of local residents in each city where a casino gaming operation would be located. HB 4 is a reenactment of Senate Bill 1126 and approval is a formality that must take place during the 2020 session in order for the local referendums to go ahead. TheΒ referendums would appear on Nov. 2020 ballots.

The cities of Portsmouth and Norfolk are among several jockeying for the ability to build a casino. Per the Virginia-Pilot, officials from nearby Hampton plan to lobby legislators to add them to the list.

Casino gambling and then sports betting

HB 4 like SB 1126 would allow for casinos to be built in “any city in which at least 40 percent of the assessed value of all real estate in such locality is exempt from local property taxation” and has experienced a population decrease of at least seven percent from 1990 to 2016 according to the U.S. Census Bureau.

For each location, the board would issue a single license to a β€œcasino gaming project that involves a minimum capital investment of $200 million, which may include investments in land facilities, infrastructure, equipment, or furnishings.”

To govern casino gambling and sports betting in any municipality to later approve by referendum, the Virginia Lottery would promulgate regulations. On that front, there is much to be written and determined.

In the meantime, one city, Portsmouth, is looking and planning ahead. Per the Pilot, Portsmouth officials voted to hire on Monday the Chicago-based gambling operator Rush Street Gaming to develop and run a casino resort on a 50-acre site near the city’s Tidewater Community College campus.

Below is a look at the (sparse) details on sports betting in this bill:

Mobile betting:Β Not addressed.

In-person registration required: No addressed.

Tax rate: Not addressed.

Application/renewal fee: For prospective projects – minimum investment of $200 million. No defined sports wagering certificate application fee.

Legal to bet on college games: Not addressed.

Fee or royalty or compensation to pro leagues: Not addressed.

Use of “official league data” mandated?: Not addressed.

Regulatory body: Virginia Lottery Board

Where the money goes: Not addressed.

Cap on number of licenses available: One per area where the criteria is met.

Share15TweetShare
Jeff Walsh

Jeff Walsh

Jeff Walsh has been a member of the poker media for over seven years and currently serves as the Senior Writer for the leading online poker website PocketFives.com. He is also a contributor to the Sports Handle/US Bets network of sites.

Related Posts

Arizona January 2023 revenue report
Analysis

Arizona Puts Bow On Record-Setting January For U.S. Sports Wagering

March 27, 2023
FanDuel Sportsbook Massachusetts promo code graphic with Oilers player Zach Hyman.
Promotions

FanDuel Promo Code Earns $200 in MA, $1K No Sweat First Bet Other States for Monday

March 27, 2023
Load More

Top Stories

taylor mathis

Taylor Mathis Got Sacrificed At The Altar Of Responsible Gambling

March 20, 2023
fanduel baseball wall

Premade Same Game Parlays Are Sucker Bets

March 13, 2023
maginfier-over-small-print

Read The Fine Print: A Proposed Federal Rule Could Change Everything For Indian Gaming

March 6, 2023
roman reigns wwe

Colorado Denies Report Stating That It’s Considering WWE Wagering

March 8, 2023

State Sports Betting Guides

Ohio (U.S. state) flag waving against clear blue sky, close up, isolated with clipping path mask alpha channel transparency, perfect for film, news, composition

Ohio Sports Betting – Where To Play, Bonus Offers And Promo Codes

by Brian Pempus
March 27, 2023

Downtown Detroit at twilight (Shutterstock)

Michigan Sports Betting – Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
March 27, 2023

VA captial

Virginia Sports Betting – Where To Play, Online Sportsbooks And Bonus Offers

by Brett Smiley
January 17, 2023

nj flag

New Jersey Sports Betting — Where To Play, Online Sportsbooks, And FAQ

by Brett Smiley
March 22, 2023

pa online sportsbooks

Pennsylvania Sports Betting – Where To Play, Online Sportsbooks And Bonuses

by Brett Smiley
October 6, 2022

Canada Sports Betting Guides

Canada Sports Betting – Best Sportsbook Apps & Bonus Offers

British Columbia Sports Betting – Legal Update, Available Sportsbooks, and FAQ

Ontario Sports Betting – Legal Status And Where To Play

SportsHandle

  • Analysis
  • Casino
  • Features
  • Horse Racing
  • Industry
  • Legal
  • Legislation
  • Opinion
  • Podcasts
  • Poker
  • Politics
  • Promotions
  • Regulation
  • Sports
  • Uncategorized

Better Collective

This website is owned and operated by Better Collective USA. Trademarks and copyrights referenced on this website are and shall remain the exclusive property of their respective owners and/or licensors. Please be sure to visit the operator’s website(s) to review their terms & conditions. We advise you to read these carefully as they contain important information. Copyright Β© 2023 USBets.com | Better Collective USA
21 Play Responsibly
Gamble Aware West Virginia
Gambling Problem? Call 1-800-Gambler.
GameSense

Search Sports Handle

No Result
View All Result
  • About Us / Contact
  • Responsible Gambling

No Result
View All Result
  • US Sports Betting
    • Arizona
    • Arkansas
    • Colorado
    • Connecticut
    • Delaware
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Mississippi
    • New Jersey
    • New Mexico
    • New York
    • Ohio
    • Oregon
    • Pennsylvania
    • Tennessee
    • Virginia
    • West Virginia
    • Wyoming
  • Pending States
    • California
    • Florida
    • Georgia
    • Missouri
    • North Carolina
  • Canada
    • Ontario
    • British Columbia
    • Alberta
  • Sportsbook Apps
    • FanDuel
    • BetMGM
    • Caesars
    • PointsBet
    • BetRivers
  • Tools
    • Sportsbook Bonuses Explained
    • Sports Betting Revenue Tracker
    • Sports Betting Podcasts
    • Partnership Tracker
    • Expected Value
    • Sports Scores And Odds Apps
    • Sports Betting Twitter
  • News

loading

Please wait while you are redirected to the right page...