Virginia Governor requests sports betting bill amendments
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Virginia Governor Ralph Northam has put forward a number of amendments to a bill that would legalise sports wagering in the state.
House Bill 896, which set out plans to permit online and mobile sports betting, passed the House last month by a vote of 59-35 after also clearing the Senate on March 7 by a vote of 33-5.
Among the technical amendments suggested by Northam include changing the amount operators would need to pay for a sports betting license. This fee was set at a flat fee of $250,000, but could now be changed to $50,000 for investigating each principal in the business.
This fee could then be increased if the costs of the regulatory investigation into whether an operator is suitable for a license exceed the initial application fee.
Read the full story on iGB North America.