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Virginia Lottery Board approves price structure and odds for virtual sports
Summary
The board voted April 22 to approve the price structure and odds for virtual sports and virtual horse racing, including several branded virtual events; the motion passed by voice vote after a brief motion and second in open session.
The Virginia Lottery Board voted on April 22 to approve the agency's proposed price structure and odds for virtual sports products.
After returning from a closed session, a board member moved to approve the price structure and odds for virtual sports and virtual horse racing, including virtual soccer, virtual stock-car racing and NHL-branded virtual ice hockey. A second was given and the board approved the motion by voice vote (ayes). Chair Faran Ahmed announced the motion was approved.
The transcript records the motion and the voice vote but does not record a roll-call tally or named yeas and nays. Board materials on the proposed price structure were referenced during the meeting; implementation details and product launch timing were not specified in the public record of this session.
Because the motion was adopted in open session, agency staff will proceed with the approved price structure as the operational team finalizes product rollout details.
