With regulated gambling quadrupling in the five years since Virginia expanded legal betting options – it hit $12.4 billion last year – the state is about to bring an additional roughly $1 billion a year gaming option under state oversight.
New regulations go into effect this month for the electronic games that fraternal organizations, veterans groups and other charitable bodies use to supplement the old bingo games that were mainstays of their fundraising efforts.
They’ll be followed by new rules for the in person Texas Hold ‘Em poker tournaments in person charitable groups want to use to freshen up their fun-while-fundraising pitches.
“People were saying ‘bingo is getting boring’ and they wanted something more exciting,” said Del. Paul Krizek, D-Fairfax, who chairs the General Assembly joint subcommittee studying charitable gaming issues.