Virginia Racing Commission; authorizes wagering on historical horse racing. (SB1438)

Introduced By

Sen. Mark Herring (D-Leesburg)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Racing Commission; simulcast horse racing; allocations.  Authorizes wagering on historical horse racing.  The bill also allocates the proceeds from such racing with forty-two percent of the proceeds distributed to the Commonwealth Transportation Trust Fund and the remaining fifty-eight percent distributed to other entities.  In addition, the bill (i) requires the existing race track to provide gambling educational programs including information on the availability of gambling addiction counseling and (ii) requires the promulgation of emergency regulations. Read the Bill »

Status

01/26/2011: Merged into SB1347

History

DateAction
01/21/2011Presented and ordered printed 11101430D
01/21/2011Referred to Committee on General Laws and Technology
01/26/2011Impact statement from DPB (SB1438)
01/26/2011Incorporated by General Laws and Technology (SB1347-Norment) (14-Y 0-N) (see vote tally)

Comments

Waldo Jaquith writes:

I don't understand. Why would somebody bet on a race that has already happened?

Nick Skias writes:

Because Virginia will not allow slot machines as other tracks do, so this is a start.