VirginiaSB8642025 Regular SessionSenate

Horse racing and pari-mutuel wagering; amends definition of breakage.

Sponsored By: Bryce E. Reeves (Republican)

Failed

Summary

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.

Finance and Appropriations

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Bryce E. Reeves

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 20 • No: 7

Senate vote • 1/28/2025

Passed by indefinitely in Finance and Appropriations

Yes: 8 • No: 7

Senate vote • 1/22/2025

Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations

Yes: 12 • No: 0

Actions Timeline

  1. Passed by indefinitely in Finance and Appropriations (8-Y 7-N)

    1/28/2025Senate
  2. Reported from General Laws and Technology with substitute and rereferred to Finance and Appropriations (12-Y 0-N)

    1/22/2025Senate
  3. Committee substitute printed 25105374D-S1

    1/22/2025Senate
  4. Assigned GL&T sub: Gaming

    1/20/2025Senate
  5. Referred to Committee on General Laws and Technology

    1/3/2025Senate
  6. Prefiled and ordered printed; Offered 01-08-2025 25103020D

    1/3/2025Senate

Bill Text

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