Virginia Administrative Code
Title 11 - GAMING
Agency 10 - VIRGINIA RACING COMMISSION
Chapter 40 - SATELLITE FACILITIES
Part II - Application for a License
Section 11VAC10-40-200 - Disclosure of financial plan
Universal Citation: 1 VA Admin Code 10-40-200
Current through Register Vol. 41, No. 3, September 23, 2024
An applicant for a license shall submit detailed financial projections for the operation of the satellite facility at the location that includes financing and income, expenses, profits or losses. The applicant shall include projections for purse money, the Virginia Breeders Fund, revenue to the Commonwealth and localities. The applicant shall also include the basis for the projections.
Statutory Authority
§ 59.1-369 of the Code of Virginia.
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