{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/58.1-4113.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/58.1-4113.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/58.1-4113.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/58.1-4113.html"}],"law_id":81491,"edition_id":1,"section_id":81491,"structure_id":15457,"section_number":"58.1-4113","catch_line":"Electronic accounting and reporting requirements; annual audit of licensed gaming operations","history":"2020, cc. 1197, 1248.","full_text":"A\n\nEach casino game that operates electronically shall be connected to a central monitoring and audit system established and operated by the Department. Such system shall provide the ability to audit and account for terminal revenues and distributions in real time. The central monitoring and audit system shall collect the following information from each electronically operated casino game, as applicable: (i) cash in, (ii) cash out, (iii) points played, (iv) points won, (v) gross terminal income, (vi) net terminal income, (vii) the number of plays of the game, (viii) the amounts paid to play the game, (ix) door openings, (x) power failures, (xi) remote activations and disabling, and (xii) any other information required by Board regulations.B\n\nWithin 90 days after the end of each fiscal year, the licensed operator shall transmit to the Department a third-party, independent audit of the financial transactions and condition of the licensee’s total operations. All audits required by this section shall conform to Board regulations.","order_by":null,"text":{"0":{"id":291953,"text":"Each casino game that operates electronically shall be connected to a central monitoring and audit system established and operated by the Department. Such system shall provide the ability to audit and account for terminal revenues and distributions in real time. The central monitoring and audit system shall collect the following information from each electronically operated casino game, as applicable: (i) cash in, (ii) cash out, (iii) points played, (iv) points won, (v) gross terminal income, (vi) net terminal income, (vii) the number of plays of the game, (viii) the amounts paid to play the game, (ix) door openings, (x) power failures, (xi) remote activations and disabling, and (xii) any other information required by Board regulations.","type":"section","prefixes":["A"],"prefix":"A","entire_prefix":"A","prefix_anchor":"A","level":1,"next_prefix":"B"},"1":{"id":291954,"text":"Within 90 days after the end of each fiscal year, the licensed operator shall transmit to the Department a third-party, independent audit of the financial transactions and condition of the licensee’s total operations. All audits required by this section shall conform to Board regulations.","type":"section","prefixes":["B"],"prefix":"B","entire_prefix":"B","prefix_anchor":"B","level":1,"prior_prefix":"A"}},"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":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},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/58.1-4113\/","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":259453,"object_type":"law","relational_id":81491,"identifier":"58.1-4113","token":"58.1\/IV\/41\/3\/58.1-4113","url":"\/58.1-4113\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/58.1-4113\/","token":"58.1\/IV\/41\/3\/58.1-4113","dublin_core":{"Title":"Electronic accounting and reporting requirements; annual audit of licensed gaming operations","Type":"Text","Format":"text\/html","Identifier":"\u00a7 58.1-4113","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

A.<\/span> Each casino game<\/span> that operates electronically shall be connected to a central monitoring and audit system established and operated by the Department<\/span>. Such system shall provide the ability to audit and account for terminal revenues and distributions in real time. The central monitoring and audit system shall collect the following information from each electronically operated casino game<\/span>, as applicable: (i) cash in, (ii) cash out, (iii) points played, (iv) points won, (v) gross terminal income, (vi) net terminal income, (vii) the number of plays of the game<\/span>, (viii) the amounts paid to play the game<\/span>, (ix) door openings, (x) power failures, (xi) remote activations and disabling, and (xii) any other information required by Board<\/span> regulations. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

B.<\/span> Within 90 days after the end of each fiscal year, the licensed operator shall transmit to the Department<\/span> a third-party<\/span>, independent audit of the financial transactions and condition of the licensee<\/span>’s total operations. All audits required by this section shall conform to Board<\/span> regulations. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nELECTRONIC ACCOUNTING AND REPORTING REQUIREMENTS; ANNUAL AUDIT OF LICENSED\nGAMING OPERATIONS (\u00a7 58.1-4113)\n\nA. Each casino game that operates electronically shall be connected to a central\nmonitoring and audit system established and operated by the Department. Such\nsystem shall provide the ability to audit and account for terminal revenues and\ndistributions in real time. The central monitoring and audit system shall\ncollect the following information from each electronically operated casino game,\nas applicable: (i) cash in, (ii) cash out, (iii) points played, (iv) points won,\n(v) gross terminal income, (vi) net terminal income, (vii) the number of plays\nof the game, (viii) the amounts paid to play the game, (ix) door openings, (x)\npower failures, (xi) remote activations and disabling, and (xii) any other\ninformation required by Board regulations.\n\nB. Within 90 days after the end of each fiscal year, the licensed operator shall\ntransmit to the Department a third-party, independent audit of the financial\ntransactions and condition of the licensee’s total operations. All audits\nrequired by this section shall conform to Board regulations.\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}}