Internet Gaming Bill Postponed in Virginia for Further Review, Anticipates 2026 Launch
Monday 27 de January 2025 / 12:00
⏱ 1 min read
A proposal to legalize internet gaming in Virginia has been put on hold as lawmakers seek more time to assess its potential impact. Senate Bill 827, introduced by Sen. Mamie Locke, D-Hampton, would authorize the Virginia Lottery Board to issue licenses to casino gaming operators for online gaming.
Sen. Mamie Locke, D-Hampton, on Monday requested a Senate subcommittee postpone discussing her bill on online gaming.
Locke requested the Senate Subcommittee on Gaming postpone discussing the bill on Monday, citing the need for additional study. “This bill is designed to authorize reputable, regulated companies to offer internet gaming to Virginians within a safe and legal market,” Locke said. “However, after introducing this bill, we have decided that it requires further study on this issue.”
She expects the proposal to be ready for consideration by 2026.
Under the legislation, operators would pay a $1 million application fee and a 15% tax on earnings, with revenue distributed to local governments, the Problem Gambling Treatment and Support Fund (2.5%) and the state’s General Fund (97.5%).
Despite the potential for new revenue streams, the proposal has raised concerns. The Department of Planning and Budget has warned that internet gaming could reduce revenue for the Lottery Proceeds Fund and School Construction Fund due to its potential impact on lottery sales and casino gaming taxes.
The Virginia Lottery also projected a net negative impact on overall state revenues, according to the fiscal impact statement.
Categoría:Legislation
Tags: Sin tags
País: United States
Región: North America
Event
PERU GAMING SHOW – PGS 2026
17 de June 2026
Reusable Identity and Smoother Access: JUMIO’s Approach at Peru Gaming Show 2026
(Lima, SoloAzar Exclusive).- Peru Gaming Show (PGS) 2026 hosted the conference “Reusable Identity: Less Friction, More Play – How to Simplify Player Access,” led by Pilar Pereira, Director of Strategic Alliances at JUMIO. She explained how the evolution of digital identity is transforming user experiences on online betting platforms amid strong global growth in the sector.
Friday 03 Jul 2026 / 12:00
Andres Troelsen: "Peru remains one of EGT Digital's strategic markets in LATAM"
(Lima, SoloAzar Exclusive).- Following his participation in the Peru Gaming Show, Andres Troelsen, Regional Sales Director LATAM of EGT Digital, reflects on the company's priorities in the region, the evolving demands of operators, and the opportunities emerging across the Latin American gaming market for EGT Digital.
Friday 03 Jul 2026 / 12:00
Gaming Taxation in Latin America: Experts Warn of Excessive Levies
(Lima, SoloAzar Exclusive).- As part of the Peru Gaming Show (PGS) 2026, the panel “Taxation: Gaming Taxes in Latin America” brought together leading specialists to analyze the fiscal challenges facing the gaming industry in the region. Moderated by Carlos Fonseca, the discussion featured Tomás García Botta (MF Estudio) and Carlos Baeza (Baeza & Cía.). The experts agreed that excessive tax burdens not only discourage investment but also reduce channeling toward the regulated market and foster the growth of illegal offerings in various Latin American countries.
Wednesday 01 Jul 2026 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.
