{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-4031.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-4031.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-4031.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-4031.html"}],"law_id":84595,"edition_id":1,"section_id":84595,"structure_id":14842,"section_number":"58.1-4031","catch_line":"Powers and duties of the Director related to sports betting; reporting","history":"2020, cc. 1218, 1256; 2021, Sp. Sess. I, cc. 351, 352.","full_text":"A\n\nThe Department shall operate a sports betting program under the direction of the Director, who shall allow applicants to apply for permits to engage in sports betting operations in the Commonwealth. The Board shall regulate such operations. The Department shall not operate a sports betting platform or a sports betting facility.B\n\nThe Director may:1\n\nRequire bond or other surety satisfactory to the Director from permit holders in such amount as provided in the rules and regulations of the Board adopted under this article;2\n\nSuspend, revoke, or refuse to renew any permit issued pursuant to this article or the rules and regulations adopted under this article; and3\n\nEnter into contracts for the operation of the sports betting program, and enter into contracts with other states related to sports betting, provided that a contract awarded or entered into by the Director shall not be assigned by the holder thereof except by specific approval of the Director.C\n\nThe Director shall:1\n\nCertify monthly to the State Comptroller and the Board a full and complete statement of sports betting revenues and expenses for the previous month;2\n\nReport monthly to the Governor, the Secretary of Finance, and the Chairmen of the Senate Committee on Finance and Appropriations, House Committee on Finance, and House Committee on Appropriations the total sports betting revenues and expenses for the previous month and make an annual report, which shall include a full and complete statement of sports betting revenues and expenses, to the Governor and the General Assembly, including recommendations for changes in this article as the Director and Board deem prudent; and3\n\nReport immediately to the Governor and the General Assembly any matters that require immediate changes in the laws of the Commonwealth in order to prevent abuses and evasions of this article or the rules and regulations adopted under this article or to rectify undesirable conditions in connection with the administration or operation of the sports betting program.D\n\nIn accordance with sports betting program regulations, the Director shall approve methods for sports bettors to fund sports betting accounts, including automated clearing house payments, credit cards, debit cards, wire transfers, and any other method that the Board determines is appropriate for sports betting.","order_by":null,"text":{"0":{"id":303146,"text":"The Department shall operate a sports betting program under the direction of the Director, who shall allow applicants to apply for permits to engage in sports betting operations in the Commonwealth. The Board shall regulate such operations. The Department shall not operate a sports betting platform or a sports betting facility.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":303147,"text":"The Director may:","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"B1"},"2":{"id":303148,"text":"Require bond or other surety satisfactory to the Director from permit holders in such amount as provided in the rules and regulations of the Board adopted under this article;","type":"section","prefixes":["B","1"],"prefix":"1","entire_prefix":"B1","prefix_anchor":"B1","level":2,"prior_prefix":"B","next_prefix":"B2"},"3":{"id":303149,"text":"Suspend, revoke, or refuse to renew any permit issued pursuant to this article or the rules and regulations adopted under this article; and","type":"section","prefixes":["B","2"],"prefix":"2","entire_prefix":"B2","prefix_anchor":"B2","level":2,"prior_prefix":"B1","next_prefix":"B3"},"4":{"id":303150,"text":"Enter into contracts for the operation of the sports betting program, and enter into contracts with other states related to sports betting, provided that a contract awarded or entered into by the Director shall not be assigned by the holder thereof except by specific approval of the Director.","type":"section","prefixes":["B","3"],"prefix":"3","entire_prefix":"B3","prefix_anchor":"B3","level":2,"prior_prefix":"B2","next_prefix":"C"},"5":{"id":303151,"text":"The Director shall:","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B3","next_prefix":"C1"},"6":{"id":303152,"text":"Certify monthly to the State Comptroller and the Board a full and complete statement of sports betting revenues and expenses for the previous month;","type":"section","prefixes":["C","1"],"prefix":"1","entire_prefix":"C1","prefix_anchor":"C1","level":2,"prior_prefix":"C","next_prefix":"C2"},"7":{"id":303153,"text":"Report monthly to the Governor, the Secretary of Finance, and the Chairmen of the Senate Committee on Finance and Appropriations, House Committee on Finance, and House Committee on Appropriations the total sports betting revenues and expenses for the previous month and make an annual report, which shall include a full and complete statement of sports betting revenues and expenses, to the Governor and the General Assembly, including recommendations for changes in this article as the Director and Board deem prudent; and","type":"section","prefixes":["C","2"],"prefix":"2","entire_prefix":"C2","prefix_anchor":"C2","level":2,"prior_prefix":"C1","next_prefix":"C3"},"8":{"id":303154,"text":"Report immediately to the Governor and the General Assembly any matters that require immediate changes in the laws of the Commonwealth in order to prevent abuses and evasions of this article or the rules and regulations adopted under this article or to rectify undesirable conditions in connection with the administration or operation of the sports betting program.","type":"section","prefixes":["C","3"],"prefix":"3","entire_prefix":"C3","prefix_anchor":"C3","level":2,"prior_prefix":"C2","next_prefix":"D"},"9":{"id":303155,"text":"In accordance with sports betting program regulations, the Director shall approve methods for sports bettors to fund sports betting accounts, including automated clearing house payments, credit cards, debit cards, wire transfers, and any other method that the Board determines is appropriate for sports betting.","type":"section","prefixes":["D"],"prefix":"D","entire_prefix":"D","prefix_anchor":"D","level":1,"prior_prefix":"C3"}},"ancestry":[{"id":14842,"edition_id":1,"name":"Sports Betting","identifier":"2","label":"article","depth":4,"order_by":1,"parent_id":13968,"metadata":{},"date_created":"2026-06-26 03:50:19","date_modified":"2026-06-26 03:50:19","permalink":{"id":259243,"object_type":"structure","relational_id":14842,"identifier":"2","token":"58.1\/IV\/40\/2","url":"\/58.1\/IV\/40\/2\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13968,"edition_id":1,"name":"Virginia Lottery Law; Sports Betting","identifier":"40","label":"chapter","depth":3,"order_by":1,"parent_id":13501,"metadata":{},"date_created":"2026-06-26 03:46:27","date_modified":"2026-06-26 03:46:27","permalink":{"id":259075,"object_type":"structure","relational_id":13968,"identifier":"40","token":"58.1\/IV\/40","url":"\/58.1\/IV\/40\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13501,"edition_id":1,"name":"Other Sources of State Revenue","identifier":"IV","label":"subtitle","depth":2,"order_by":1,"parent_id":12703,"metadata":{},"date_created":"2026-06-26 03:45:05","date_modified":"2026-06-26 03:45:05","permalink":{"id":259073,"object_type":"structure","relational_id":13501,"identifier":"IV","token":"58.1\/IV","url":"\/58.1\/IV\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12703,"edition_id":1,"name":"Taxation","identifier":"58.1","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:49","date_modified":"2026-06-26 03:43:49","permalink":{"id":251959,"object_type":"structure","relational_id":12703,"identifier":"58.1","token":"58.1","url":"\/58.1\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":67888,"structure_id":14842,"section_number":"58.1-4030","catch_line":"Definitions","url":"\/58.1-4030\/","token":"58.1\/IV\/40\/2\/58.1-4030","metadata":false},{"id":84595,"structure_id":14842,"section_number":"58.1-4031","catch_line":"Powers and duties of the Director related to sports betting; reporting","url":"\/58.1-4031\/","token":"58.1\/IV\/40\/2\/58.1-4031","metadata":false},{"id":79490,"structure_id":14842,"section_number":"58.1-4032","catch_line":"Application for a sports betting permit; penalty","url":"\/58.1-4032\/","token":"58.1\/IV\/40\/2\/58.1-4032","metadata":false},{"id":85758,"structure_id":14842,"section_number":"58.1-4033","catch_line":"Renewals of permits","url":"\/58.1-4033\/","token":"58.1\/IV\/40\/2\/58.1-4033","metadata":false},{"id":65420,"structure_id":14842,"section_number":"58.1-4034","catch_line":"Duties of permit holders","url":"\/58.1-4034\/","token":"58.1\/IV\/40\/2\/58.1-4034","metadata":false},{"id":82167,"structure_id":14842,"section_number":"58.1-4035","catch_line":"Suspension and revocation of permits; civil penalties","url":"\/58.1-4035\/","token":"58.1\/IV\/40\/2\/58.1-4035","metadata":false},{"id":73770,"structure_id":14842,"section_number":"58.1-4036","catch_line":"Use of official league data","url":"\/58.1-4036\/","token":"58.1\/IV\/40\/2\/58.1-4036","metadata":false},{"id":78020,"structure_id":14842,"section_number":"58.1-4037","catch_line":"Tax on adjusted gross revenue","url":"\/58.1-4037\/","token":"58.1\/IV\/40\/2\/58.1-4037","metadata":false},{"id":82569,"structure_id":14842,"section_number":"58.1-4038","catch_line":"Distribution of tax revenue","url":"\/58.1-4038\/","token":"58.1\/IV\/40\/2\/58.1-4038","metadata":false},{"id":83622,"structure_id":14842,"section_number":"58.1-4039","catch_line":"Events on which betting is prohibited; penalty","url":"\/58.1-4039\/","token":"58.1\/IV\/40\/2\/58.1-4039","metadata":false},{"id":76314,"structure_id":14842,"section_number":"58.1-4040","catch_line":"Underage betting prohibited; penalty","url":"\/58.1-4040\/","token":"58.1\/IV\/40\/2\/58.1-4040","metadata":false},{"id":84262,"structure_id":14842,"section_number":"58.1-4041","catch_line":"Persons prohibited from sports betting; penalty","url":"\/58.1-4041\/","token":"58.1\/IV\/40\/2\/58.1-4041","metadata":false},{"id":86916,"structure_id":14842,"section_number":"58.1-4042","catch_line":"Operation and advertising of unpermitted facilities prohibited; penalty","url":"\/58.1-4042\/","token":"58.1\/IV\/40\/2\/58.1-4042","metadata":false},{"id":87015,"structure_id":14842,"section_number":"58.1-4043","catch_line":"Reporting and investigating prohibited conduct","url":"\/58.1-4043\/","token":"58.1\/IV\/40\/2\/58.1-4043","metadata":false},{"id":76389,"structure_id":14842,"section_number":"58.1-4044","catch_line":"Required direct notification to the Department and to sports governing bodies","url":"\/58.1-4044\/","token":"58.1\/IV\/40\/2\/58.1-4044","metadata":false},{"id":77288,"structure_id":14842,"section_number":"58.1-4045","catch_line":"Liquidity pools","url":"\/58.1-4045\/","token":"58.1\/IV\/40\/2\/58.1-4045","metadata":false},{"id":70003,"structure_id":14842,"section_number":"58.1-4046","catch_line":"Intermediate routing of electronic data","url":"\/58.1-4046\/","token":"58.1\/IV\/40\/2\/58.1-4046","metadata":false},{"id":58504,"structure_id":14842,"section_number":"58.1-4047","catch_line":"Certain provisions in Article 1 (\u00a7 58.1-4000 et seq.) to apply, mutatis mutandis","url":"\/58.1-4047\/","token":"58.1\/IV\/40\/2\/58.1-4047","metadata":false},{"id":56740,"structure_id":14842,"section_number":"58.1-4048","catch_line":"Gaming Regulatory Fund","url":"\/58.1-4048\/","token":"58.1\/IV\/40\/2\/58.1-4048","metadata":false}],"previous_section":{"id":67888,"structure_id":14842,"section_number":"58.1-4030","catch_line":"Definitions","url":"\/58.1-4030\/","token":"58.1\/IV\/40\/2\/58.1-4030","metadata":false},"next_section":{"id":79490,"structure_id":14842,"section_number":"58.1-4032","catch_line":"Application for a sports betting permit; penalty","url":"\/58.1-4032\/","token":"58.1\/IV\/40\/2\/58.1-4032","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-4031\/","history_text":"<p>This law was first created in 2020. The record of its establishment is cataloged in chapters <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP1218\">1218<\/a> and <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?201+ful+CHAP1256\">1256<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":false,"refers_to":false,"permalink":{"id":259249,"object_type":"law","relational_id":84595,"identifier":"58.1-4031","token":"58.1\/IV\/40\/2\/58.1-4031","url":"\/58.1-4031\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-4031\/","token":"58.1\/IV\/40\/2\/58.1-4031","dublin_core":{"Title":"Powers and duties of the Director related to sports betting; reporting","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-4031","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section id=\"A\"><p><span class=\"prefix-number\">A.<\/span> The <span class=\"dictionary\">Department<\/span> shall operate a <span class=\"dictionary\">sports betting program<\/span> under the direction of the <span class=\"dictionary\">Director<\/span>, who shall allow applicants to apply for permits to engage in sports betting operations in the Commonwealth. The <span class=\"dictionary\">Board<\/span> shall regulate such operations. The <span class=\"dictionary\">Department<\/span> shall not operate a <span class=\"dictionary\">sports betting platform<\/span> or a <span class=\"dictionary\">sports betting facility<\/span>. <a id=\"paragraph-303146\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#A\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B\"><p><span class=\"prefix-number\">B.<\/span> The <span class=\"dictionary\">Director<\/span> may: <a id=\"paragraph-303147\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#B\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> Require <span class=\"dictionary\">bond<\/span> or other <span class=\"dictionary\">surety<\/span> satisfactory to the <span class=\"dictionary\">Director<\/span> from <span class=\"dictionary\">permit holders<\/span> in such amount as provided in the rules and regulations of the <span class=\"dictionary\">Board<\/span> adopted under this article; <a id=\"paragraph-303148\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#B1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> Suspend, revoke, or refuse to renew any permit issued pursuant to this article or the rules and regulations adopted under this article; and <a id=\"paragraph-303149\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#B2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"B3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> Enter into <span class=\"dictionary\">contracts<\/span> for the operation of the <span class=\"dictionary\">sports betting program<\/span>, and enter into <span class=\"dictionary\">contracts<\/span> with other states related to sports betting, provided that a <span class=\"dictionary\">contract<\/span> awarded or entered into by the <span class=\"dictionary\">Director<\/span> shall not be assigned by the holder thereof except by specific approval of the <span class=\"dictionary\">Director<\/span>. <a id=\"paragraph-303150\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#B3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C\"><p><span class=\"prefix-number\">C.<\/span> The <span class=\"dictionary\">Director<\/span> shall: <a id=\"paragraph-303151\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#C\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C1\" class=\"indent-1\"><p><span class=\"prefix-number\">1.<\/span> Certify monthly to the State Comptroller and the <span class=\"dictionary\">Board<\/span> a full and complete statement of sports betting revenues and expenses for the previous month; <a id=\"paragraph-303152\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#C1\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C2\" class=\"indent-1\"><p><span class=\"prefix-number\">2.<\/span> Report monthly to the Governor, the Secretary of Finance, and the Chairmen of the Senate Committee on Finance and Appropriations, House Committee on Finance, and House Committee on Appropriations the total sports betting revenues and expenses for the previous month and make an annual report, which shall include a full and complete statement of sports betting revenues and expenses, to the Governor and the General Assembly, including recommendations for changes in this article as the <span class=\"dictionary\">Director<\/span> and <span class=\"dictionary\">Board<\/span> deem prudent; and <a id=\"paragraph-303153\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#C2\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"C3\" class=\"indent-1\"><p><span class=\"prefix-number\">3.<\/span> Report immediately to the Governor and the General Assembly any matters that require immediate changes in the <span class=\"dictionary\">laws<\/span> of the Commonwealth in <span class=\"dictionary\">order<\/span> to prevent abuses and evasions of this article or the rules and regulations adopted under this article or to rectify undesirable conditions in connection with the administration or operation of the <span class=\"dictionary\">sports betting program<\/span>. <a id=\"paragraph-303154\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#C3\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t<section id=\"D\"><p><span class=\"prefix-number\">D.<\/span> In accordance with <span class=\"dictionary\">sports betting program<\/span> regulations, the <span class=\"dictionary\">Director<\/span> shall approve methods for <span class=\"dictionary\">sports bettors<\/span> to fund sports betting accounts, including automated clearing house payments, credit cards, debit cards, wire transfers, and any other method that the <span class=\"dictionary\">Board<\/span> determines is appropriate for sports betting. <a id=\"paragraph-303155\" class=\"section-permalink\" href=\"https:\/\/vacode.org\/58.1-4031\/#D\"><i class=\"fa fa-link\"><\/i><\/a><\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nPOWERS AND DUTIES OF THE DIRECTOR RELATED TO SPORTS BETTING; REPORTING (\u00a7\n58.1-4031)\n\nA. The Department shall operate a sports betting program under the direction of\nthe Director, who shall allow applicants to apply for permits to engage in\nsports betting operations in the Commonwealth. The Board shall regulate such\noperations. The Department shall not operate a sports betting platform or a\nsports betting facility.\n\nB. The Director may:\n\n   1. Require bond or other surety satisfactory to the Director from permit\n   holders in such amount as provided in the rules and regulations of the Board\n   adopted under this article;\n\n   2. Suspend, revoke, or refuse to renew any permit issued pursuant to this\n   article or the rules and regulations adopted under this article; and\n\n   3. Enter into contracts for the operation of the sports betting program, and\n   enter into contracts with other states related to sports betting, provided\n   that a contract awarded or entered into by the Director shall not be assigned\n   by the holder thereof except by specific approval of the Director.\n\nC. The Director shall:\n\n   1. Certify monthly to the State Comptroller and the Board a full and complete\n   statement of sports betting revenues and expenses for the previous month;\n\n   2. Report monthly to the Governor, the Secretary of Finance, and the Chairmen\n   of the Senate Committee on Finance and Appropriations, House Committee on\n   Finance, and House Committee on Appropriations the total sports betting\n   revenues and expenses for the previous month and make an annual report, which\n   shall include a full and complete statement of sports betting revenues and\n   expenses, to the Governor and the General Assembly, including recommendations\n   for changes in this article as the Director and Board deem prudent; and\n\n   3. Report immediately to the Governor and the General Assembly any matters\n   that require immediate changes in the laws of the Commonwealth in order to\n   prevent abuses and evasions of this article or the rules and regulations\n   adopted under this article or to rectify undesirable conditions in connection\n   with the administration or operation of the sports betting program.\n\nD. In accordance with sports betting program regulations, the Director shall\napprove methods for sports bettors to fund sports betting accounts, including\nautomated clearing house payments, credit cards, debit cards, wire transfers,\nand any other method that the Board determines is appropriate for sports\nbetting.\n\nHISTORY: 2020, cc. 1218, 1256; 2021, Sp. Sess. I, cc. 351, 352.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}