Virginia Regulatory Town Hall
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Virginia Lottery
 
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Virginia Lottery Board
 
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7/27/20  9:35 am
Commenter: C Moore

Instant Payouts
 

The Virginia Lottery should require that every sportsbook allow for the option to have withdrawals deposited instantly into a players bank account. Lyft and Uber allow this option to their drivers for a $0.50 fee and Apple Cash has the same option for a 1% fee with a $10 max allowable service fee. I recommend this option be required with a service (convenience) fee of $1 no matter the requested withdrawal amount. Also there should be no limit on withdrawal amounts. There should also be no limit on the number of requested withdrawals within a specific timeframe. Limiting withdrawals to once a day/week/month should not be allowed. It’s the players money and they should have access to it immediately upon request. 

CommentID: 84189