Virginia readies sports gambling market for summer launch
If things go well, sports gambling could be introduced anywhere between July and September
Virginia has finalized all the legislative process for the new two bills that will be introducing sports gambling in the state. Old Dominion’s lawmakers from both the House and Senate approved the new sports betting bill back in March, and then sent the proposal directly to the governor’s desk. Governor Ralph Northam has signed the pair of bills, HB 896 and SB 384, to be launched sometime this summer.
As of now, the next step will be for the Virginia Lottery Board to work on the rule set and regulations that must be completed by September 15. Virginia is the second state right behind Washington to enact a sports gambling legislation in 2020. It sounds as though it was a smooth process, but it was nothing like that – just getting the bill ready for the governor’s signature was a miracle. Legislators worked against the clock while both of the chambers were struggling to agree on one of the two bills they were reviewing, so there was conference held between the two groups.
The situation improved a little when the House decided to discard their proposal during the final day of the session. A day later, fortunately, there was an agreement between both chambers and the final vote finally allowed the new bill to be pushed to the governor’s desk. After everything was approved and finished, Northam decided to add several recommendations to be included in the bill, which could have brought everything down, but lawmakers approved those suggestions with almost no disagreement. Those last suggestions for the bill were described as “largely administrative.”