Bryce Reeves
- Republican
- Senator
- District 28
Horse racing and pari-mutuel wagering; breakage. Amends the definition of "breakage" for the purposes of horse racing other than historical horse racing to mean the odd cents by which the amount payable on each dollar wagered exceeds one cent ($0.01). The bill also provides that 100 percent of the legitimate breakage from each pari-mutuel pool for historical horse racing shall be distributed to the Problem Gambling Treatment and Support Fund.
A BILL to amend and reenact ยงยง 59.1-365 and 59.1-392 of the Code of Virginia, relating to horse racing and pari-mutuel wagering; breakage.
Passed by indefinitely in Finance and Appropriations (8-Y 7-N)
Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (12-Y 0-N)
Committee substitute printed 25105374D-S1
Assigned GL&T sub: Gaming
Prefiled and ordered printed; Offered 01-08-2025 25103020D
Referred to Committee on General Laws and Technology
| Bill Text Versions | Format |
|---|---|
| General Laws and Technology Substitute | HTML PDF |
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| Unknown |
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