Virginia Regulator Passes On Sports-Betting Payout Cap

  • Virginia Lottery director says rules will not include Tennessee-style payout cap 
  • Draft rules for permit applications, customer protections released Wednesday
  • Virginia Lottery targeting January 2021 launch for sports betting

Virginia’s top gaming regulator has said that although his state’s legislative sports-betting model most closely resembles that of Tennessee, it will not be following in the Volunteer State’s footsteps when it comes to its most controversial sports-betting rule.

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