Virginia SB765 regulates charitable gaming, including poker events, by defining terms, setting limits on prizes, and prohibiting certain practices.
Virginia SB765 amends the Code of Virginia to regulate charitable gaming, including poker events. It defines terms such as "charitable gaming," "electronic gaming," and "Texas Hold'em poker tournament." The bill sets limits on prizes for raffles and bingo games, prohibits certain practices like collecting rakes in poker events, and requires organizations to use a percentage of their gross receipts for charitable purposes. It also mandates that organizations post signs detailing their charitable gaming activities and prohibits the use of gross receipts for social or recreational activities.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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