Are there any laws related to the regulation of gaming establishments?
Yes, Virginia does have laws that govern the regulation of gaming establishments. The Virginia State Code, Title, 58.1-4001, outlines the requirements for establishing and operating a gaming establishment. These laws include the licensing of gaming establishments, the types of games allowed, the duration of gaming, and other regulations. Licensees must obtain permission from the Virginia Racing Commission before opening a gaming establishment. This license must include any and all types of games that the establishment wishes to offer. This license must be renewed each year and the fee is determined by the commission. Gaming establishments must also keep accurate records of their patrons’ winnings and losses. Games that are permitted under the law include blackjack, draw poker, keno, pai gow poker, and roulette. Gaming can take place for no more than 12 hours per day and no more than 24 hours per week. Regulations also require a minimum amount of capital to be held in the establishment, that a security system be in place and that patrons be over the age of 21. Finally,- Virginia law also prohibits certain individuals from being employed in gaming establishments. This includes individuals that have been convicted of a felony or certain misdemeanors in the past five years and anyone that has been convicted of cheating at any type of gaming activity. Overall, the legal framework in Virginia is designed to ensure that gaming establishments provide a safe and regulated environment for their patrons. The laws also ensure that the state can benefit from the taxes generated by regulated gaming.
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