Code of Virginia (Title 58.1 — Taxation)
Va. Code § 58.1-4102
Powers and duties of the Board; regulations
The Board shall have the power and duty to:
# 1.
Issue permits and licenses under this chapter and supervise all gaming operations licensed under the provisions of this chapter, including all persons conducting or participating in any gaming operation. The Board shall employ such persons to be present during gaming operations as are necessary to ensure that such gaming operations are conducted with order and the highest degree of integrity.
# 2.
Adopt regulations regarding the conditions under which casino gaming shall be conducted in the Commonwealth and all such other regulations it deems necessary and appropriate to further the purposes of this chapter.
# 3.
Issue an operator's license only to a person who meets the criteria of § 58.1-4107.
# 4.
Issue subpoenas for the attendance of witnesses before the Board, administer oaths, and compel production of records or other documents and testimony of such witnesses whenever in the judgment of the Board it is necessary to do so for the effectual discharge of its duties.
# 5.
Order such audits as it deems necessary and desirable.
# 6.
Provide for the withholding of the applicable amount of state and federal income tax of persons claiming a prize or payoff for winning a game and establish the thresholds for such withholdings.
Source: view the official text
Nearby sections (25 sections)
- 58.1-4039 · Events on which betting is prohibited; penalty
- 58.1-4040 · Underage betting prohibited; penalty
- 58.1-4041 · Persons prohibited from sports betting; penalty
- 58.1-4042 · Operation and advertising of unpermitted facilities…
- 58.1-4043 · Reporting and investigating prohibited conduct
- 58.1-4044 · Required direct notification to the Department and to…
- 58.1-4045 · Liquidity pools
- 58.1-4046 · Intermediate routing of electronic data
- 58.1-4047 · Certain provisions in Article 1 (§ 58.1-4000 et seq.) to…
- 58.1-4048 · Gaming Regulatory Fund
- 58.1-4100 · Definitions
- 58.1-4101 · Regulation and control of casino gaming; limitation
- 58.1-4102 · Powers and duties of the Board; regulations
- 58.1-4103 · Voluntary exclusion program
- 58.1-4104 · Fingerprints and background investigations
- 58.1-4105 · Hearing and appeal
- 58.1-4106 · Injunction
- 58.1-4107 · Eligible host city; certification of preferred casino…
- 58.1-4107.1 · Regional Improvement Commission
- 58.1-4108 · Operator's license required; capital investment; equity…
- 58.1-4109 · Submission of preferred casino gaming operator by eligible…
- 58.1-4110 · Issuance of operator's license to preferred casino gaming…
- 58.1-4111 · Duration and form of operator's license; bond
- 58.1-4112 · Records to be kept; reports; reinvestment projection
- 58.1-4113 · Electronic accounting and reporting requirements; annual…