SJ25:

Legal gaming; JLARC to study whether stand-alone oversight agency would allow more focused oversight

Bill Summary:

Study; JLARC;
whether a stand-alone gaming oversight agency would allow for more
focused oversight of all types of legal gaming in the Commonwealth
and alleviate potential conflicts of interest; report. Directs
the Joint Legislative Audit and Review Commission to study whether
a stand-alone gaming oversight agency would allow for more focused
oversight of all types of legal gaming in the Commonwealth and alleviate
potential conflicts of interest by (i) evaluating whether the current
oversight and regulatory structure of the different types of legal
gaming result in varying compliance standards with regard to similar
gaming devices which could unintentionally cause a competitive advantage
to one industry over another; (ii) reporting on the current costs
for each existing gaming oversight agency to regulate the gaming for
which it is responsible; (iii) determining whether the overall costs
to oversee, regulate, and enforce violations of legal gaming in the
Commonwealth would be lower if all such types of gaming were housed
under a stand-alone gaming oversight agency; (iv) conducting research
to determine potential methods of housing, and the steps necessary
to house, all legalized gaming under a stand-alone gaming oversight
agency; and (v) determining the potential necessity for and specific
composition of a centralized gaming oversight board that would best
ensure compliance with ethical requirements and a substantial decrease
in the number of potential conflicts of interest.