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Race tracks and Off Track Betting parlors will immediately be eligible for sports betting with licensed vendors. Localities who wish to authorize sports betting can do so through a voter referendum. Some will choose to go this route others will not. Done correctly, sports betting can become part of a larger entertainment experience which gets people out on the town, thereby enhancing food and beverage sales in our Virginia downtowns. Meanwhile, revenue generated from a tax on vendor profits will SPORTS BETTING be shared with the Community College system.
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