Report: Virginia Lottery should be state’s primary gambling regulator

Tuesday, October 18, 2022 2:47 PM
  • Virginia Mercury, Royal Examiner

Virginia should give a single state agency the power to regulate most gambling. According to a new report, splitting those duties among multiple agencies creates oversight and enforcement gaps in a rapidly expanding industry.

Nonpartisan policy analysts also determined a casino in Petersburg would be viable while leaving it to the General Assembly to decide the best path forward for a casino in central Virginia after Richmond voters rejected one last year. The state could have financially viable casinos in Petersburg, Richmond, or both cities, the report concluded, but each option would have different impacts on the profitability of other casinos and local tax revenues.

The pair of gambling reports, released Monday by the state’s Joint Legislative Audit and Review Commission, will presumably help lawmakers next year as they try to answer unresolved questions about Virginia’s push to expand legalized gambling.