West Virginia has agreed to speed up the process of regulating online gambling so that operators could begin offering games by June or July this year.
The West Virginia Lottery Commission approved the emergency rules in early May, to be filed with the Secretary of State later in the month – who then has 42 days to approve or reject them.
The draft rules would be in place for the next 15 months – giving the legislature time to produce a permanent regulatory regime. The draft provides that each land-based venue can run up to three skins under its license, requiring a $100,000 license fee. Meanwhile, suppliers providing technology, content or systems required to operate igaming would be asked to pay a $10,000 fee.
The state’s online gambling package, which passed last year, already instructs the Lottery to produce a set of emergency rules before July – however the need for taxes and a legal option for local residents has accelerated the process.
Live-dealer – or as the draft reads: “simulcast tables” – are also thought to be included in the new deal; as are “peer-to-peer” games, such as online poker.
Also, all advertising, even if it is run by management service providers, agents and affiliates – must be approved by the Commission director before publication.