Virginia Governor Terry McAuliffe just signed into law the “Fantasy Contests Act,” which is a legal framework for fantasy sports providers that operate in the state. The bill, which was approved by the Virginia legislature a few weeks ago, makes Virginia the first state in the nation to impose state-led oversight of the industry. The state’s Department of Agriculture and Consumer Service will be the state entity that oversees the industry. The bill will require fantasy sports sites to pay the state a $50,000 registration fee, and implement policies to verify that all participants are 18 years of age or older. It also requires player…

Card Player – A casino gaming bill has been filed by Sen. Louise Lucas in the state of Virginia for the 2014 General Assembly session. Senate Bill 19 would create the Virginia Casino Gaming Commission and establish guidelines for creating and awarding casino licenses in the state. Lucas has tried to get such a bill passed before with very little support. However, now that nearby Maryland has expanded their table games offerings and is expected to take nearly $350 million from the Virginia economy in the coming years, Lucas is hoping the bill gets more traction this time around. Virginia…