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2018 SESSION

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SB 424 Virginia Gaming Commission; established.

Introduced by: J. Chapman Petersen | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Virginia Gaming Commission; regulation of charitable gaming; administration of fantasy contest registrations. Establishes the Virginia Gaming Commission (Commission) and vests the Commission with the control and regulation of charitable gaming in the Commonwealth and the administration of fantasy contest registrations. Currently the control of charitable gaming and the administration of fantasy contest registrations is vested in the Department of Agriculture and Consumer Services and the charitable Gaming Board. The bill establishes the Virginia Gaming Fund as a special fund to be used solely for (i) administering and enforcing charitable gaming laws and regulations and fantasy contest registrations, (ii) educating charitable organizations and players, and (iii) promoting charitable gaming in Virginia. The bill also requires the Commission to revise the fees levied by it for issuing charitable gaming permits and supplier registrations, or renewal thereof, so that the fees are sufficient to cover expenses but not excessive. The Commission is required to enter into a memorandum of understanding with the Department of State Police to provide for the investigation by the Department of any illegal gaming or gambling activity prohibited by Article 1 ( 18.2-325 et seq.) of Chapter 8 of Title 18.2.


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