Virginia Lawmakers Weigh iGaming Legalization, Regulatory Commission Plans

Virginia lawmakers are actively considering legalizing online gambling (iGaming), with proponents highlighting potential tax revenues estimated at $5.3 billion over five years and the opportunity to regulate a previously unregulated market. Supporters, including Delegate Marcus Simon and industry veterans like Dave Rebuck, argue that legalization would provide a legal, consumer-friendly alternative to illegal offshore sites and help reduce illicit gambling activity, as seen in states like New Jersey. Opponents and public health experts caution about the risks of gambling addiction, particularly among young men, and associated social harms such as increased suicide rates and financial losses. There is bipartisan support for establishing a dedicated Virginia Gaming Commission to oversee the expanding gambling industry, as current oversight by the Virginia Lottery Board is seen as insufficient. The Joint Subcommittee studying this issue will continue its work with further meetings before the 2026 legislative session, where the creation of the Gaming Commission and potential iGaming legislation are likely to be prioritized. Overall, the debate balances the promise of significant new revenue and market control against the public health and regulatory challenges posed by expanding online gambling.