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Subcommittee backs creation of independent Virginia Gaming Commission, with industry and racing stakeholders voicing support and concern
Summary
The subcommittee voted 8-0 to report House Bill 2498, which would create an independent Virginia Gaming Commission to centralize oversight of most forms of legalized gaming in the Commonwealth (the Virginia Lottery would remain separate).
The subcommittee voted 8-0 to report House Bill 2498, a broad measure to create an independent Virginia Gaming Commission (VGC) to oversee and regulate legalized gaming in the Commonwealth, excluding the Virginia Lottery.
Delegate Kreesick, who served as vice chair of the joint subcommittee that studied the idea, told the panel the VGC is intended to centralize regulation across disparate gaming activities — sports betting, fantasy sports, horse-racing wagering, historical horse-racing machines, iLottery and other emerging forms — and to enable…
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