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2024 SESSION

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SB 307 Electronic gaming devices; regulation, penalties.

Introduced by: Jeremy S. McPike | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Regulation of electronic gaming devices; penalties. Authorizes and specifies the licensing requirements for the manufacture, distribution, operation, servicing, hosting, and play of electronic gaming devices, as defined in the bill. The bill provides that electronic gaming devices are regulated by the Virginia Lottery Board and requires employees of such licensees to be registered with the Virginia Lottery. The bill imposes criminal and civil penalties for violations of the law and regulations related to electronic gaming devices. The bill imposes a 34 percent tax on all gross profits from the play of such gaming devices and provides for the use of such tax proceeds, with most being deposited into the general fund.


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