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HomeLegislationVirginia Eyes iGaming Legalization with $5 Billion Prize in Sight

Virginia Eyes iGaming Legalization with $5 Billion Prize in Sight

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Summary

  • Virginia lawmakers are considering iGaming legalization, which could generate $5.3 billion in revenue over five years by partnering with casinos.
  • Experts warn of addiction risks, especially for young men, but regulated platforms with safeguards could protect you from illegal sites.
  • A Virginia Gaming Commission is the priority to ensure proper oversight before iGaming launches, with more discussions planned for 2026.

Imagine a new way to boost Virginia’s economy while enjoying your favorite online casino games.

Lawmakers are exploring iGaming legalization, which could bring in $5.3 billion in taxable revenue over five years, but they’re also weighing the risks to keep you safe.

A Big Opportunity for Virginia

Massive Revenue Potential

Legalizing iGaming could transform Virginia’s finances. Supporters estimate it would generate $5.3 billion in taxable revenue in just five years. By partnering with brick-and-mortar casinos, online operators would pay licensing fees to fund oversight, giving you a safer, regulated way to play while boosting state coffers.

Starving Out Illegal Sites

Delegate Marcus Simon, a Fairfax Democrat, wants to give you a legal alternative to risky offshore gambling sites. His plan would let you enjoy online games through regulated platforms, cutting off shady operators.

Right now, Virginia gets no revenue from the illegal market, but legalization could change that, putting money back into your community.


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Balancing Risks and Rewards

Protecting Players from Harm

Not everyone’s on board yet. Public health experts warn that iGaming can lead to addiction, especially for men aged 18 to 35. Brianne Doura-Schawohl, a gambling consultant, notes that people with gambling disorders are 15 times more likely to die by suicide. You’d need strong safeguards to stay protected if iGaming becomes legal.

Learning from Other States

Industry experts like Dave Rebuck, former head of New Jersey’s gaming enforcement, say iGaming has boosted land-based casinos in his state. He suggests using tools like those in New Jersey to help you avoid problem gambling.

However, Brooke Archambeau from the Moose Lodge cautions that Virginia needs better oversight before diving into this risky new market.

A Gaming Commission Comes First

Building a Strong Foundation

Lawmakers from both parties agree: Virginia needs a Gaming Commission to manage iGaming properly. Senator Bryce Reeves says setting up this commission is urgent to enforce laws and protect players like you.

They plan to prioritize this step before the 2026 legislative session, ensuring any iGaming rollout is safe and well-regulated.

Next Steps for Lawmakers

The Joint Subcommittee on Gaming will meet twice more before 2026 to hammer out details. They’re focused on creating a commission to oversee the industry, so you can trust that any new laws will prioritize your safety and the state’s economic goals.

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Agatha Johnson
Agatha Johnson
Agatha Johnson is a U.S.-based journalist with a sharp wit and extensive experience in writing. With a strong focus on the gaming industry, she brings a fresh and engaging perspective to her work.

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