States / Virginia / SB 118

SB 118 Failed

Virginia Lottery; casinos, internet gaming authorized, penalties, delayed effective date.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Virginia Lottery; casinos; internet gaming authorized; penalties. Authorizes internet gaming in the Commonwealth to be regulated by the Virginia Lottery Board. The bill permits the Board to issue an internet gaming operator license to a casino gaming operator that submits an application on forms approved by the Board, meets certain qualifications, and pays an initial licensing fee of $500,000.

The tax rate is set at 20 percent of an internet gaming operator's adjusted gross internet gaming revenue with three percent allocated to the Gaming Regulatory Fund, two percent allocated to the Problem Gambling Treatment and Support Fund, and 95 percent allocated to the Modern Public Education Fund.

Chamber
Senate
Introduced
Jan 5, 2026
Last action
Feb 16, 2026 — Read third time and defeated by Senate (19-Y 20-N 0-A)
Session
2026
Momentum
5 · Stalled