Virginia Lottery (172)
| Request Title | Update Language for Sports Betting Revenues |
| Biennium | 2022-2024 |
| Budget Round | Initial Bill |
| Half Sheet Number | 494 #2c |
Description
|
This amendment prohibits sports betting operators from excluding bonuses or promotions used to encourage betting from their adjusted gross revenue 12 months after they begin sports betting activity in Virginia. This change that will positively impact general fund revenues. |
Funding Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
| By Fund | Fund Code | Fund Title | FY 2022 | FY 2023 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2022 | FY 2023 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 11-03-2025 05:00:35
