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VA SB129
Bill
Status
Engrossed
2/12/2026
Primary Sponsor
Adam Ebbin
Click for details
AI Summary
- Transfers regulation of fantasy contests from the Department of Agriculture and Consumer Services to the Virginia Lottery, creating a new licensing framework under Chapter 42 of Title 58.1
- Requires fantasy contest operators to obtain a license from the Virginia Lottery and pay an initial application fee, with licenses valid for three years and subject to renewal
- Imposes a tax on fantasy contest operators based on gross revenue, with proceeds allocated to the Problem Gambling Treatment and Support Fund and general state purposes
- Establishes consumer protections including age verification requirements, responsible gaming measures, and inclusion of fantasy contest participants in the voluntary exclusion program
- Repeals the existing fantasy contest regulations in Chapter 51 (§§ 59.1-556 through 59.1-570) of Title 59.1 and consolidates oversight under gaming enforcement provisions
Legislative Description
Fantasy Contests; regulation and taxation, report.
Last Action
Conference report agreed to by Senate (26-Y 12-N 0-A)
3/13/2026
Committee Referrals
Appropriations: Commerce Agriculture & Natural Resources2/25/2026
Appropriations2/24/2026
General Laws2/18/2026
Finance and Appropriations1/28/2026
General Laws and Technology: Gaming1/23/2026
General Laws and Technology1/6/2026
Full Bill Text
No bill text available