{"id":4055,"date":"2019-03-25T08:15:42","date_gmt":"2019-03-25T08:15:42","guid":{"rendered":"https:\/\/www.casinosrealmoney.com\/?p=4055"},"modified":"2019-03-25T08:15:42","modified_gmt":"2019-03-25T08:15:42","slug":"virginia-advances-casino-gambling-sports-betting-bill","status":"publish","type":"post","link":"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/","title":{"rendered":"Virginia Advances Casino Gambling, Sports Betting Bill"},"content":{"rendered":"<p>The Virginia General Assembly has made a historic move by supporting the legalization of sports betting and casino gambling by passing Senate Bill 1126 which seeks to have casinos established in certain cities around the state. The gambling expansion bill is also the very first one in the recent past that has survived the Senate which has a reputation for dispelling any and all forms of <a href=\"https:\/\/www.casinosrealmoney.com\/news\/virginia-general-assembly-passes-casino-legislation\/\">gambling-related bills<\/a>.<\/p>\n<h2 id=\"the-terms\">The Terms<\/h2>\n<p>Now that the hardest part of the process is complete, all that remains is for the state&#8217;s governor to sign the bill into law \u2013 while seemingly simple, this part of the process is just as crucial as every other part of the process. In Michigan, a gaming bill made it through the lawmakers but <a href=\"https:\/\/www.bridgemi.com\/public-sector\/gov-snyder-vetoes-michigan-bills-criticized-republican-power-grabs\" target=\"_blank\" rel=\"noopener noreferrer\">the governor chose to veto<\/a> it. Fortunately, there is very little likelihood that this will happen in Virginia primarily because Gov. Ralph Northam says that he will support the gaming bill if it is beneficial for the state. So far, a gaming industry in the state seems to be a very promising idea not just for the operators and the residents but also for the state authorities and regulators who are going to rake in millions in tax revenue.<\/p>\n<p>Senate Bill 1126 has some rather strict stipulations that will determine whether a state qualifies to host a casino. These include requirements that:<\/p>\n<ul>\n<li>40 percent of the land area of the city must be exempt from local real property taxation, or 24 percent provided that a Virginia Indian Tribe conducts such casino gaming.<\/li>\n<li>the unemployment rate was at least 5 percent in November 2017 (or 4 percent if located adjacent to a state that has adopted a Border Region Retail Tourism Development District Act), a poverty rate of at least 20 percent in 2016, and a population decrease of at least 4 percent from 1990 to 2016.<\/li>\n<li>the city has a population of more than 200,000 according to the 2017 population estimates.<\/li>\n<\/ul>\n<p>In addition to that, the local authorities and the residents of the qualifying cities will have to be consulted extensively before the grant of a License to any casino \u2013 the Virginia Lottery Board will be responsible for the licensing.<\/p>\n<h2 id=\"sports-betting-and-online-gambling\">Sports Betting and Online Gambling<\/h2>\n<p>While the major focus is currently on the land-based casinos, the bill further contains mechanisms that will see the launch of sports betting and online betting in the state. According to the bill, online gaming will be under the umbrella of &#8220;casino gaming&#8221;. The <a href=\"https:\/\/www.valottery.com\/aboutus\/leadership.aspx\" target=\"_blank\" rel=\"noopener noreferrer\">Virginia Lottery Board<\/a> will, therefore, still be responsible for awarding licenses for these verticals \u2013 it will also be required to craft rules and regulation for the state&#8217;s gambling industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Virginia General Assembly has made a historic move by supporting the legalization of sports betting and casino gambling by passing Senate Bill 1126 which seeks to have casinos established in certain cities around the state. The gambling expansion bill is also the very first one in the recent past that has survived the Senate [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":4056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[87,17,88,28,75],"class_list":["post-4055","post","type-post","status-publish","format-standard","hentry","category-business","tag-casino-gambling","tag-online-casino","tag-senate","tag-sports-betting","tag-virginia"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Virginia Advances Casino Gambling, Sports Betting Bill - Casinos Real Money News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Virginia Advances Casino Gambling, Sports Betting Bill - Casinos Real Money News\" \/>\n<meta property=\"og:description\" content=\"The Virginia General Assembly has made a historic move by supporting the legalization of sports betting and casino gambling by passing Senate Bill 1126 which seeks to have casinos established in certain cities around the state. The gambling expansion bill is also the very first one in the recent past that has survived the Senate [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/\" \/>\n<meta property=\"og:site_name\" content=\"Casinos Real Money News\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-25T08:15:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casinosrealmoney.com\/news\/wp-content\/uploads\/sites\/2\/2019\/03\/approved-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"463\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Palmer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Palmer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/\"},\"author\":{\"name\":\"Alexander Palmer\",\"@id\":\"https:\/\/www.casinosrealmoney.com\/news\/#\/schema\/person\/18927eb4f1b1ccf917a41a238196887e\"},\"headline\":\"Virginia Advances Casino Gambling, Sports Betting Bill\",\"datePublished\":\"2019-03-25T08:15:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/\"},\"wordCount\":437,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.casinosrealmoney.com\/news\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casinosrealmoney.com\/news\/wp-content\/uploads\/sites\/2\/2019\/03\/approved-1.jpg\",\"keywords\":[\"casino gambling\",\"Online Casino\",\"Senate\",\"Sports Betting\",\"Virginia\"],\"articleSection\":[\"Business\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/\",\"url\":\"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/\",\"name\":\"Virginia Advances Casino Gambling, Sports Betting Bill - 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You can say that Alex is a bit of life-and-poker guru, and it's this inherent charm of his that makes him such an important member of our team.\",\"url\":\"https:\/\/www.casinosrealmoney.com\/news\/author\/alexanderp\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Virginia Advances Casino Gambling, Sports Betting Bill - Casinos Real Money News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casinosrealmoney.com\/news\/virginia-advances-casino-gambling-sports-betting-bill\/","og_locale":"en_US","og_type":"article","og_title":"Virginia Advances Casino Gambling, Sports Betting Bill - Casinos Real Money News","og_description":"The Virginia General Assembly has made a historic move by supporting the legalization of sports betting and casino gambling by passing Senate Bill 1126 which seeks to have casinos established in certain cities around the state. 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