{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-4112.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-4112.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-4112.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-4112.html"}],"law_id":58877,"edition_id":1,"section_id":58877,"structure_id":15457,"section_number":"58.1-4112","catch_line":"Records to be kept; reports; reinvestment projection","history":"2020, cc. 1197, 1248.","full_text":"A\n\nA licensed operator shall keep his books and records so as to clearly indicate the total amount of gross receipts and adjusted gross receipts.B\n\nThe licensed operator shall furnish to the Department reports and information as the Department may require with respect to its activities on forms designated and supplied for such purpose by the Department.C\n\nEvery five years the licensed operator shall submit to the Department for review and approval a reinvestment projection related to the casino gaming establishment to cover the succeeding five-year period of operations.","order_by":null,"text":{"0":{"id":215880,"text":"A licensed operator shall keep his books and records so as to clearly indicate the total amount of gross receipts and adjusted gross receipts.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":215881,"text":"The licensed operator shall furnish to the Department reports and information as the Department may require with respect to its activities on forms designated and supplied for such purpose by the Department.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A","next_prefix":"C"},"2":{"id":215882,"text":"Every five years the licensed operator shall submit to the Department for review and approval a reinvestment projection related to the casino gaming establishment to cover the succeeding five-year period of operations.","type":"section","prefixes":["C"],"prefix":"C","entire_prefix":"C","prefix_anchor":"C","level":1,"prior_prefix":"B"}},"ancestry":[{"id":15457,"edition_id":1,"name":"Licenses","identifier":"3","label":"article","depth":4,"order_by":1,"parent_id":13502,"metadata":{},"date_created":"2026-06-26 03:55:10","date_modified":"2026-06-26 03:55:10","permalink":{"id":259431,"object_type":"structure","relational_id":15457,"identifier":"3","token":"58.1\/IV\/41\/3","url":"\/58.1\/IV\/41\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13502,"edition_id":1,"name":"Casino Gaming","identifier":"41","label":"chapter","depth":3,"order_by":1,"parent_id":13501,"metadata":{},"date_created":"2026-06-26 03:45:05","date_modified":"2026-06-26 03:45:05","permalink":{"id":259321,"object_type":"structure","relational_id":13502,"identifier":"41","token":"58.1\/IV\/41","url":"\/58.1\/IV\/41\/","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":84263,"structure_id":15457,"section_number":"58.1-4108","catch_line":"Operator's license required; capital investment; equity interest; transferability; fee","url":"\/58.1-4108\/","token":"58.1\/IV\/41\/3\/58.1-4108","metadata":false},{"id":61549,"structure_id":15457,"section_number":"58.1-4109","catch_line":"Submission of preferred casino gaming operator by eligible host city; application for operator's license; penalty","url":"\/58.1-4109\/","token":"58.1\/IV\/41\/3\/58.1-4109","metadata":false},{"id":82281,"structure_id":15457,"section_number":"58.1-4110","catch_line":"Issuance of operator's license to preferred casino gaming operator; standards for licensure; temporary casino gaming allowed under certain conditions","url":"\/58.1-4110\/","token":"58.1\/IV\/41\/3\/58.1-4110","metadata":false},{"id":84997,"structure_id":15457,"section_number":"58.1-4111","catch_line":"Duration and form of operator's license; bond","url":"\/58.1-4111\/","token":"58.1\/IV\/41\/3\/58.1-4111","metadata":false},{"id":58877,"structure_id":15457,"section_number":"58.1-4112","catch_line":"Records to be kept; reports; reinvestment projection","url":"\/58.1-4112\/","token":"58.1\/IV\/41\/3\/58.1-4112","metadata":false},{"id":81491,"structure_id":15457,"section_number":"58.1-4113","catch_line":"Electronic accounting and reporting requirements; annual audit of licensed gaming operations","url":"\/58.1-4113\/","token":"58.1\/IV\/41\/3\/58.1-4113","metadata":false}],"previous_section":{"id":84997,"structure_id":15457,"section_number":"58.1-4111","catch_line":"Duration and form of operator's license; bond","url":"\/58.1-4111\/","token":"58.1\/IV\/41\/3\/58.1-4111","metadata":false},"next_section":{"id":81491,"structure_id":15457,"section_number":"58.1-4113","catch_line":"Electronic accounting and reporting requirements; annual audit of licensed gaming operations","url":"\/58.1-4113\/","token":"58.1\/IV\/41\/3\/58.1-4113","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-4112\/","history_text":"

This law was first created in 2020. The record of its establishment is cataloged in chapters 1197<\/a> and 1248<\/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":259449,"object_type":"law","relational_id":58877,"identifier":"58.1-4112","token":"58.1\/IV\/41\/3\/58.1-4112","url":"\/58.1-4112\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-4112\/","token":"58.1\/IV\/41\/3\/58.1-4112","dublin_core":{"Title":"Records to be kept; reports; reinvestment projection","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-4112","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> A licensed operator shall keep his books and records so as to clearly indicate the total amount of gross receipts and adjusted gross receipts<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> The licensed operator shall furnish to the Department<\/span> reports and information as the Department<\/span> may require with respect to its activities on forms designated and supplied for such purpose by the Department<\/span>. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

C.<\/span> Every five years the licensed operator shall submit to the Department<\/span> for review and approval a reinvestment projection related to the casino gaming establishment<\/span> to cover the succeeding five-year period of operations. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nRECORDS TO BE KEPT; REPORTS; REINVESTMENT PROJECTION (\u00a7 58.1-4112)\n\nA. A licensed operator shall keep his books and records so as to clearly\nindicate the total amount of gross receipts and adjusted gross receipts.\n\nB. The licensed operator shall furnish to the Department reports and information\nas the Department may require with respect to its activities on forms designated\nand supplied for such purpose by the Department.\n\nC. Every five years the licensed operator shall submit to the Department for\nreview and approval a reinvestment projection related to the casino gaming\nestablishment to cover the succeeding five-year period of operations.\n\nHISTORY: 2020, cc. 1197, 1248.","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}}