Lottery to Start Regulation and Oversight of Gaming Activities (language only)

Item 482 #1c

Language

Page 211, line 27 strike "Not set out." and insert:

"A. Out of the amounts for Virginia Lottery Operations shall be paid:

1. Reimbursement for compensation and reasonable expenses of the members of the Virginia Lottery Board in the performance of their duties, as provided in § 2.2-2813, Code of Virginia.

2. The total costs for the operation and administration of the state lottery, pursuant to § 58.1-4022, Code of Virginia.

3. The costs of informing the public of the purposes of the Lottery Proceeds Fund, established pursuant to Article X, Section 7-A, Constitution of Virginia.

B.1. The Lottery is authorized to use its line of credit to start the Request for Proposal process and other relevant activities related to iLottery, Sports Betting, and/or Casino Gaming prior to the end of the current biennium.

2. The Lottery Board, as the regulator and oversight entity for Casino Gaming in the Commonwealth, shall develop guidelines to review preferred casino operator submissions by eligible host cities."