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Virginia · Question 02 of 11

Licensing and regulation: Can we get a licence?

Favourable · Confirmed · AI-generated · Back to full Virginia report →

Key section parameters

JurisdictionVirginia (US-VA)
RegulatorRecorded in register
FavourabilityFavourable
ConfidenceConfirmed
Review statusAI-generated
Last collected18 Oct 2026

Summary answer

House Bill 145 transferred daily fantasy sports regulation from the Department of Agriculture to the Virginia Lottery Board, creating a new licence category with a three-year term, a $50,000 fee, and a 10% tax on operator revenue. Incumbent DFS operators were given a 90-day transition window to come…

Full section analysis

House Bill 145 transferred daily fantasy sports regulation from the Department of Agriculture to the Virginia Lottery Board, creating a new licence category with a three-year term, a $50,000 fee, and a 10% tax on operator revenue. Incumbent DFS operators were given a 90-day transition window to come into compliance with the Board's rules, including a shift away from house-banked contest structures toward contests requiring two or more participants. This is the only new licence category created; the Board's existing statutory basis for lottery, casino, and sports-betting licensure under Title 58.1 of the Code of Virginia is unchanged.