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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>79411</law_id><section_number>59.1-567</section_number><catch_line>Acquisition of interest in fantasy contest operator</catch_line><edition url="https://vacode.org/2025/" slug="2025" current="TRUE" last_updated="">2025</edition><structure><unit label="title" level="1" order_by="1" identifier="59.1">Trade and Commerce</unit><unit label="chapter" level="2" order_by="1" identifier="51">Fantasy Contests Act</unit></structure><text>
						<section id="A"><p><span class="prefix-number">A.</span> If any person acquires actual control of a registered <span class="dictionary">operator</span>, such person shall register with the <span class="dictionary">Department</span> in accordance with &#xA7; <a class="law" title="Registration of fantasy contest operators required; application for registration; issuance of registration certificate; penalty" href="/59.1-557/">59.1-557</a>. <a id="paragraph-284497" class="section-permalink" href="https://vacode.org/59.1-567/#A"><i class="fa fa-link"/></a></p></section>
						<section id="B"><p><span class="prefix-number">B.</span> Where any such acquisition of control is without prior approval of the <span class="dictionary">Department</span>, the <span class="dictionary">Department</span> may suspend any registration it has issued to such <span class="dictionary">operator</span>, <span class="dictionary">order</span> compliance with this section, or take such other action as may be appropriate within the authority of the <span class="dictionary">Department</span>. <a id="paragraph-284498" class="section-permalink" href="https://vacode.org/59.1-567/#B"><i class="fa fa-link"/></a></p></section></text><history>2016, cc. 318, 703.</history><metadata></metadata></law>
