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GA Adjustment
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 - 07-18-2025 17:58:04