As a member of the Fraternal Order of Eagles, Aerie 871, I request that you not make these changes to the charitable gambling laws. While our Aerie donates a considerable amount of money to charity each year, the requirement of the proposed 40% use of proceeds from electronic gambling would greatly impact the financial stability of our organization. A lower requirement of 15 to 20% rate would allow more flexibility and have much less of an impact on operations.
In addition, in 11VAC20-20-70 Bank account section D, we recommend that the Commonwealth modify this section from the second business day requirement to a weekly requirement. Our club is operated mostly by volunteers and the expectation for the Treasurer to make deposits essentially every other day is not feasible.