Virginia Sports Betting

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Sports Betting Legislation Enacted
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Last updated: June 1, 2020

Status: Sports betting is now legal in Virginia and will be effective from 1 July 2020.

ETA: Sports betting will be legal as of 1 July 2020 and the Virginia Lottery Board is working to complete regulations by 15 September 2020.

 

Virginia Sports Sports Betting Timeline

The bill to legalize sports betting in Virginia began life in December 2018 in the wake of the Supreme Court’s decision to allow individual states to create their own gambling laws. The original bill proposed the expansion of land-based gaming.

The bill was then amended and revised over a three-month period to include legislation for online gaming as well as 'casino games,' a term which also covers sports betting. After passing through the house and senate, the bill was then brought into law by the governor.

The most notable feature of the bill was a requirement for the Joint Legislative Audit and Review Commission (JLARC) to compile and deliver a comprehensive report on the casino gaming laws, including best practices, in other American states by December 1, 2019.

Sports betting legislation will be legal as of 1 July 2020 and the Virginia Lottery Board is working to complete regulations by 15 September 2020.

 

Virginia Betting History

Charitable gaming was approved in Virginia in 1973 and has grown into a multi-million dollar industry covering a range of bingo and poker games. The state’s ten bingo halls pay taxes of 1.125% to the local government, with the rest of the profit going to charitable causes.

The Virginia Lottery was set up in 1988 and is regulated by the Virginia Lottery Board. There are currently over 100 lottery games available from 5,000 retail outlets across the region. Profits from the lottery are pumped into local education with more than $600m raised in 2018 alone.

A year after the lottery was introduced, wagering on horse races was also legalised. On-track and off-track betting were permitted until 2014, when an industry dispute forced the state’s Colonial Downs race track to close. The track was subsequently sold to a Chicago-based group of investors and racing is set to resume at the site in August 2019. In 2018, a bill was passed that would also allow betting on historical races via machines installed at the track.

Sports betting legislation will be legal as of 1 July 2020 and the Virginia Lottery Board is working to complete regulations by 15 September 2020.

 

Is sports betting legal in Virginia?

It will be as of 1 July 2020.

 

Who controls sports betting in Virginia?

The Virginia Lottery Board.

 

What is the legal age to bet on sports in Virginia?

The current minimum gambling age in Virginia is 18. It has been predicted, but not confirmed, that this would also apply to sports betting.

 

Where can I bet on sports in Virginia?

It is currently impossible to place a legal sports bet in Virginia. Once regulation is finalised it is thought many operators will open in Virginia.

 

Who are the current operators/licensees in Virginia?

Licences can be issued following the launch of sports betting later in 2020.

 

Which operators currently offer legal sports betting in Virginia?

There are currently no operators offering legal sports betting in Virginia.

 

Is mobile and app sports betting available in Virginia?

The sports betting bill does not specify what types of gaming will be allowed, although it does mention online gambling.

 

How much is sports betting worth in Virginia?

Right now, the figures are unknown.

 

What is the tax rate for Virginia sports betting?

Again, this is unknown at present.

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