One of the amendments made to SB 1126 during the General Laws and Technology Committee discussion was the inclusion of a fiscal study on legalizing gambling.<\/p>\n
\nIt doesn’t look like it’s a study to me,” Sen. David Suetterlein (R-District 19) told the Richmond Times-Dispatch<\/i>. “It looks like it’s just a first step in a few-year process to making it happen. This is a gambling bill that has a small provision for a study in it.”<\/p>\n<\/blockquote>\n
The SB 1126 study is to be completed by November 1, just four days before voters will go to the booths. All 40 seats in the Virginia Senate and 100 seats in the House of Delegates are all up for election.<\/p>\n
Sports Betting on Table<\/b><\/h2>\n
In its definition of “casino gaming,” the Virginia casino bill adds sports betting, which “means placing wagers on professional sports and college sports.”<\/p>\n
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Virginia has long been missing out on valuable gambling tax revenue to neighboring states. The Commonwealth is bordered by North Carolina, Maryland, and West Virginia \u2013 three states with either tribal or commercial casino resorts.<\/p>\n<\/div>\n
With the Supreme Court’s decision last year to strike down the federal sports betting ban, Virginia is also now losing out on those gaming revenues, as states across the country move to legalize full-scale sports wagering. Maryland, DC, Kentucky, and Tennessee are all considering legalization.<\/p>\n","protected":false},"excerpt":{"rendered":"
A Virginia casino bill that would permit as many as five gaming venues in designated cities should local voter referendums be approved has passed a state senate committee. Introduced by Sen. L. Louise Lucas (D-District 18), Virginia Senate Bill 1126 would earmark commercial casinos for the towns of Bristol, Danville, and Portsmouth. The legislation would […]<\/p>\n","protected":false},"author":25,"featured_media":96825,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,18,61,1074],"tags":[],"acf":[],"yoast_head":"\n
Virginia Casino Bill Advances in Senate, Would Permit Five Venues<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n