Virginia Lottery; definitions, repeal prohibition against sale of lottery tickets over the Internet. (SB384)

Introduced By

Sen. Jeremy McPike (D-Dale City) with support from co-patrons Sen. Jennifer Boysko (D-Herndon), Sen. Mamie Locke (D-Hampton), and Sen. Todd E. Pillion (R-Abingdon)

Progress

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

Description

Sports betting; Problem Gambling Treatment and Support Fund; Sports Betting Operations Fund; penalties. Directs the Virginia Lottery to regulate sports betting. Before administering a sports betting operation, an entity is required to apply for a three-year permit and pay an application fee of $250,000. Permit holders must apply for renewal of a permit every three years, which includes a renewal fee of $200,000. The Director may issue from six to ten permits at one time and is directed to issue an amount of permits that would maximize tax revenue collected pursuant to the bill. The Director also is authorized to issue a permit for a major league franchise to conduct in-person sports betting at a newly constructed facility. Under the provisions of the bill, betting on an athletic event with a participant under age 18 is prohibited unless such event is a college or professional event. The bill prohibits betting by Lottery employees, permit holders and certain related persons, participants in athletic events on which the bet is placed, and persons under age 21. The penalty for engaging in prohibited betting is a Class 1 misdemeanor. The bill prohibits betting on the biometric data of an athlete and includes provisions for Lottery to investigate prohibited conduct, such as attempting to influence an athlete or the outcome of an athletic event. The bill directs the Lottery to establish a voluntary exclusion program, which would allow individuals to request that the Lottery exclude them from buying lottery tickets or participating in sports betting. The bill directs the Lottery to implement consumer protection measures. The bill allows the governing body of a sports league to request that the Lottery (i) limit or prohibit people from betting on events of the league that it governs and (ii) restrict the information sources used to resolve bets that are placed after a sports event has begun. The bill imposes a 15 percent tax on a permit holder's adjusted gross revenue, defined in the bill. The bill authorizes permit holders to carry over and deduct net losses for up to 12 months. The Lottery would retain 2.5 percent of the tax revenue to defray its costs of administering the program. The bill creates the Problem Gambling Treatment and Support Fund, administered by the Department of Behavioral Health and Developmental Services. The Fund would be used to provide counseling to compulsive gamblers, implement problem gambling treatment and prevention programs, and provide grants to organizations that assist problem gamblers. The Fund would be funded by 2.5 percent of the revenue generated from sports betting. The remaining 95 percent of tax revenue generated from sports betting accrues to the Revenue Reserve Fund. Read the Bill »

Status

02/18/2020: passed committee

History

DateAction
01/06/2020Prefiled and ordered printed; offered 01/08/20 20102548D
01/06/2020Referred to Committee on General Laws and Technology
01/21/2020Assigned GL&T sub: Gaming
01/23/2020Impact statement from DPB (SB384)
01/29/2020Reported from General Laws and Technology with substitute (14-Y 0-N) (see vote tally)
01/29/2020Committee substitute printed 20106308D-S1
01/29/2020Rereferred to Finance and Appropriations
02/05/2020Reported from Finance and Appropriations with substitute (11-Y 5-N) (see vote tally)
02/05/2020Committee substitute printed 20107714D-S2
02/06/2020Constitutional reading dispensed (40-Y 0-N) (see vote tally)
02/07/2020Floor substitute printed 20107871D-S3 (McPike)
02/07/2020Read second time
02/07/2020Committee substitute rejected 20106308D-S1
02/07/2020Committee substitute rejected 20107714D-S2
02/07/2020Reading of substitute waived
02/07/2020Substitute by Senator McPike agreed to (24-Y 13-N) (see vote tally)
02/07/2020Title replaced 20107871D-S3
02/07/2020Engrossed by Senate - floor substitute SB384S3
02/10/2020Impact statement from DPB (SB384S3)
02/10/2020Read third time and passed Senate (27-Y 12-N) (see vote tally)
02/18/2020Placed on Calendar
02/18/2020Read first time
02/18/2020Referred to Committee on General Laws
02/18/2020Reported from General Laws with substitute (15-Y 5-N) (see vote tally)
02/18/2020Committee substitute printed 20108617D-H1
02/19/2020Impact statement from DPB (SB384H1)

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