SB 1143 Charitable gaming and historical horse racing; regulation

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About SB-1143

Regulation of charitable gaming and historical horse racing. Transfers regulatory control of charitable gaming and historical horse racing from the Department of Agriculture and Consumer Services and the Virginia Racing Commission, respectively, to the Virginia Lottery, renamed in the bill as the Virginia Lottery and Gaming Department. The bill directs the Virginia Lottery Board, renamed as the Virginia Lottery and Gaming Oversight Board, to promulgate regulations necessary for the conduct of (i) historical horse racing, with the assistance of the Virginia Racing Commission, by December 1, 2023, and (ii) charitable gaming, with the assistance of the Department of Agriculture and Consumer Services, by July 1, 2024. All relevant regulations of the Department of Agriculture and Consumer Services and the Virginia Racing Commission shall remain in full force and effect until the effective transfer of such regulations to the Virginia Lottery and Gaming Oversight Board.