Virginia Regulatory Town Hall
Department of Agriculture and Consumer Services
Department of Agriculture and Consumer Services, Charitable Gaming
Charitable Gaming Regulations [11 VAC 20 ‑ 20]
Action Promulgation of Charitable Gaming Regulations by Department of Agriculture and Consumer Services, including electronic gaming provisions
Stage Proposed
Comment Period Ended on 11/23/2022
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11/21/22  4:12 pm
Commenter: Billy Williams, Smith Mountain Lake Moose 2346

Bank Accounts

I am commenting on behalf of my lodge, and it's 273 members.

Requiring deposit of funds within 2 business days of the end of a session is not feasible.  We have the games on every day, and we have to use the funds from the machines regularly to pay prizes.  If we are required to deposit the funds every 2 business days, we will have to write checks for payouts to the members.  This will reduce our operating capital and lessen the members playing experience requiring them to cash a check to continue playing the machines.  This is something we currently do on a weekly basis and this is what should be required.

CommentID: 205851