A. As used in this section, “gaming business” means any person who holds or has applied for a permit or license under the provisions of Article 2 (§ 58.1-4030 et seq.) or Chapter 41 (§ 58.1-4100 et seq.), or any affiliate thereof.
B. A gaming business is prohibited from using the phrase “Virginia is for Bettors” in an advertisement in association with its product or service. Any gaming business that violates the provision of this section shall be subject to a civil penalty of not more than $50,000. The Director shall enforce the provisions of this section.
C. All civil penalties collected pursuant to this section shall accrue to the general fund.