11 Va. Admin. Code § 5-70-170

Current through Register Vol. 41, No. 8, December 2, 2024

Section 11VAC5-70-170 - Permissible wagers

A. A permit holder may accept a wager from a player on sporting events, including:

1. A proposition wager, except a proposition wager on college sports or a proposition wager placed on any type of possible injury, unsportsmanlike conduct, or any other officiating call;

2. A bet placed before or after the sporting event has started; or

3. A bet placed after the sporting event has started, in compliance with § 58.1-4036 of the Code of Virginia and 11VAC5-70-190.

B. A permit holder may accept wagers on those sporting events, leagues, and bet types approved by the director and published on an Authorized Sports Events, Leagues and Bets List.

C. If a sports league has been generally authorized by the director, a permit holder may accept wagers on all sports events of the kind generally conducted by that league.

D. The director shall post on the Virginia Lottery's website the Authorized Sports Events, Leagues and Bets list.

E. When new sporting events, leagues, or bet types are authorized by the director, the director shall update the Authorized Sports Events, Leagues and Bets List.

F. A permit holder shall be responsible for keeping itself up-to-date with respect to the contents of the Authorized Sports Events, Leagues and Bets list.

G. At least 72 hours before any proposed new scheduled sports event, a permit holder may request in writing that the director authorize sporting events, leagues, or bet types not previously authorized.

H. The application shall be in the form and format specified by the director, including, if applicable, the name of the sports governing body and a description of its policies and procedures regarding event integrity.

I. If a permit holder requests that the Virginia Lottery authorize a sporting event of a type not generally conducted by that sports league, the director may request input from that sports governing body.

J. Before authorizing a request for a new sporting event, league, bet type, or any portion of a sporting event, league, or bet type, the director shall consider:

1. Input from the sports governing body or conductor of the sporting event;

2. Whether the outcome of the sporting event is determined solely by chance;

3. Whether the outcome of the sporting event can be verified;

4. Whether the event generating the outcome is conducted in a manner that ensures sufficient integrity controls so the outcome can be trusted;

5. Whether the outcome may be affected by any bet placed; and

6. Whether the event is conducted in conformity with all applicable laws.

11 Va. Admin. Code § 5-70-170

Derived from Virginia Register Volume 37, Issue 04, eff. 10/12/2020.

Statutory Authority: §§ 58.1-4007, 58.1-4015.1, and 58.1-4030 through 58.1-4047 of the Code of Virginia.