The Governor of Virginia, Abigail Spanberger, has vetoed SB 756, which suggested creating a casino in Fairfax County and was previously approved by the State Senate.After...
Virginia delays iGaming legalization untill 2026
Virginia’s plan to legalize iGaming is hitting the pause button as lawmakers call for more time to discuss the implications of Senate Bill 827, introduced by Senator Mamie Locke (D-Hampton).
The bill aims to allow the Virginia Lottery Board to issue licenses for online casino gaming with a $1 million application fee for operators and a 15% tax on earnings. Revenue would primarily bolster the state’s General Fund (97.5%), with a portion allocated to local governments and the Problem Gambling Treatment and Support Fund (2.5%).
However, on Monday, Locke asked the Senate Subcommittee on Gaming to delay the bill’s discussion, emphasizing the need for a deeper analysis.
Locke said in the statement:
“This bill is designed to authorize reputable, regulated companies to offer internet gaming to Virginians within a safe and legal market. However, after introducing this bill, we have decided that it requires further study on this issue.”
iGaming to reduce lottery sales and casino gaming taxes
While promising new revenue streams, the proposal, The Department of Planning and Budget, warns that the new bill could cannibalize lottery sales and casino gaming taxes, potentially impacting funds for schools and other community projects. The Virginia Lottery also predicts a negative effect on state revenues, citing findings from a fiscal impact report.
With both opportunities and challenges on the table, Virginia’s lawmakers are opting for caution, hoping the extended timeline will lead to a balanced and informed decision.
On March 9, 2026, the Virginia Senate Finance and Appropriations Committee voted to move the HB 271 iGaming bill, which means that the legalization of online casino gaming...
