The state currently has different agencies controlling different aspects of gambling
Virginia is considering changes to how it regulates its growing gambling industry, which has expanded rapidly in recent years. Lawmakers are discussing the possibility of establishing a centralized regulatory body, the Virginia Gaming Commission, to oversee the state’s diverse gaming activities. This new entity would aim to streamline oversight, which is currently spread across multiple state agencies.
For decades, gambling in Virginia was limited to the lottery and pari-mutuel betting. However, the past five years have seen a sharp increase in gambling options, including the introduction of casinos and sports betting. This expansion has highlighted the need for more cohesive regulation, as the current system has struggled to keep up with the industry’s rapid growth.
Delegate Terry Austin, a key figure in the discussion, is part of a joint subcommittee evaluating the potential creation of the Virginia Gaming Commission. The proposal under consideration would maintain the Virginia Lottery as a separate entity while bringing the regulation of other gambling activities under the new commission’s umbrella.
Austin emphasized the importance of not only managing the industry’s growth but also addressing issues like problem gambling. He noted that effective regulation should support those struggling with gambling addiction and ensure that the state’s gambling activities are conducted responsibly.
The creation of the Virginia Gaming Commission could also impact other sectors, such as the horse racing industry and non-profits that rely on charitable gaming. Lawmakers are mindful of the potential consequences for these groups as they consider the best way to regulate the state’s gambling industry.
The subcommittee is expected to present its recommendations to the General Assembly in January. If approved, the Virginia Gaming Commission would mark a significant shift in how the state manages its rapidly evolving gambling landscape, aiming to provide more effective oversight while supporting vulnerable communities and key industries.
