Sports Betting

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This is Article 2 of the Code of Virginia, titled “Sports Betting.” It is part of Chapter 40 “Virginia Lottery Law; Sports Betting”, which is part of Subtitle IV “Other Sources of State Revenue”, which is part of Title 58.1 “Taxation”.

It’s comprised of the following 19 sections.

§ 58.1-4030 Definitions
§ 58.1-4031 Powers and duties of the Director related to sports betting; reporting
§ 58.1-4032 Application for a sports betting permit; penalty
§ 58.1-4033 Renewals of permits
§ 58.1-4034 Duties of permit holders
§ 58.1-4035 Suspension and revocation of permits; civil penalties
§ 58.1-4036 Use of official league data
§ 58.1-4037 Tax on adjusted gross revenue
§ 58.1-4038 Distribution of tax revenue
§ 58.1-4039 Events on which betting is prohibited; penalty
§ 58.1-4040 Underage betting prohibited; penalty
§ 58.1-4041 Persons prohibited from sports betting; penalty
§ 58.1-4042 Operation and advertising of unpermitted facilities prohibited; penalty
§ 58.1-4043 Reporting and investigating prohibited conduct
§ 58.1-4044 Required direct notification to the Department and to sports governing bodies
§ 58.1-4045 Liquidity pools
§ 58.1-4046 Intermediate routing of electronic data
§ 58.1-4047 Certain provisions in Article 1 (§ 58.1-4000 et seq.) to apply, mutatis mutandis
§ 58.1-4048 Gaming Regulatory Fund