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Senate subcommittee advances multiple gaming measures, including proposed Virginia Gaming Commission and electronic gaming revenue lockbox
Summary
Members of a Senate subcommittee heard competing bills to regulate electronic gaming devices and create a Virginia Gaming Commission. Lawmakers favored tabling the proposals for budget consideration or moving them forward for further work rather than final passage.
A Senate subcommittee on Thursday took up a cluster of gaming measures ranging from electronic gaming machine rules and revenue distribution to a proposal to create a standalone Virginia Gaming Commission.
Supporters said the bills aim to simplify rules for emerging gaming activity, protect funding for public schools and set a statewide regulatory framework. Opponents and some members urged resolving details in the budget process or keeping oversight with existing agencies.
The most detailed presentation described an electronic gaming bill that would create separate licensing categories for manufacturers, distributors, operators and hosts and impose background checks administered by the Virginia State Police. That bill would place revenues in a so-called double lockbox guaranteeing 70% of net proceeds be allocated to the Department of Education for elementary and secondary education and forbid using the money to supplant current education funding. The sponsor described specific distributions: $300,000,000 (70%) to K–12 education;…
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