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Virginia

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Regulator details

The Virginia Lottery has been tasked with regulatory responsibilities for land-based casinos and internet sports betting. This includes regulation, licensing, auditing, and compliance for gaming operators, equipment manufacturers and distributors, suppliers and employees.

Virginia Lottery

600 E. Main Street, 

Richmond, VA

23219

LEGALIZATION DATE
April 22, 2020

MARKET LAUNCH DATE
January 21, 2021

AUTHORIZED OPERATORS
Commercial casino & online operators (including professional sports franchisees)

RESTRICTED BET TYPES
In-state collegiate teams and prop betting on all collegiate events

AGE REQUIREMENT
Must be 21+

BETTING ACCOUNT REGISTRATION
Customers of online sportsbooks are not required to register or fund their accounts in person.

TAX RATE
15% on sports betting revenue

TAX REVENUE ALLOCATION
2.5% to problem gaming initiatives
97.5%to the state’s general fund

LICENSE FEES
$250,000 initial fee for a three-year license
$50,000 application fee for each named principal of the applicant
$200,000 renewal fee

OFFICIAL DATA MANDATE
Licensees must use official league data for in-game wagering options.

INTEGRITY FEE
None