Singapore markets open in 4 hours 59 minutes
  • Straits Times Index

    3,281.97
    +24.67 (+0.76%)
     
  • S&P 500

    4,662.85
    +3.82 (+0.08%)
     
  • Dow

    35,911.81
    -201.79 (-0.56%)
     
  • Nasdaq

    14,893.75
    +86.95 (+0.59%)
     
  • BTC-USD

    42,897.52
    -583.99 (-1.34%)
     
  • CMC Crypto 200

    1,037.76
    +12.03 (+1.17%)
     
  • FTSE 100

    7,542.95
    -20.90 (-0.28%)
     
  • Gold

    1,817.30
    -4.10 (-0.23%)
     
  • Crude Oil

    84.27
    +2.15 (+2.62%)
     
  • 10-Yr Bond

    1.7720
    +0.0610 (+3.57%)
     
  • Nikkei

    28,124.28
    -364.82 (-1.28%)
     
  • Hang Seng

    24,383.32
    -46.48 (-0.19%)
     
  • FTSE Bursa Malaysia

    1,555.33
    -14.18 (-0.90%)
     
  • Jakarta Composite Index

    6,693.40
    +35.04 (+0.53%)
     
  • PSE Index

    7,261.34
    -46.41 (-0.64%)
     

Former U.S. Attorney Tom Marino Exposes Illegal Gaming In Virginia

·2-min read

Richmond, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Tom Marino, former U.S. Congressman, U.S. Attorney and counsel to Pace-O-Matic, recently completed a four-city blitz in Virginia exposing sites of illegal, unregulated mini-casinos across the Commonwealth. Marino was flanked by retired law enforcement personnel who performed investigations into these illegal sites. The blitzes will continue across Virginia in the days and weeks ahead.

“Everyone loses when it comes to illegal gaming establishments in Virginia,” said Marino. “The residents of Virginia lose out in excess of $130 million in tax revenue. Business owners lose out on legitimate skill games from reputable companies. And consumers lose their money playing unregulated machines fixed against them.”

Marino held press conferences at illegal establishments in Richmond and Portsmouth on Tuesday and Roanoke on Wednesday. Below is press coverage of the events.

WRIC Richmond:

Skill games producer reports surge in illegal gambling following the ban on gray machines in Virginia

WAVY/WVBT Norfolk:

Maker of skill games says they’ve seen an increase in illegal gaming since statewide ban

WDBJ ROANOKE:

Supporters of skill games call on state lawmakers to reconsider ban

In 2020, Gov. Ralph Northam signed legislation into law enabling skill games in the Commonwealth of Virginia. Since the law’s passage, skill games have contributed $132 million in state tax revenue, contributing to education and school funding, COVID-19 relief, and support for small businesses. The law included a sunset provision that went into effect on July 1, 2021. Since then, Virginia has lost out on millions of dollars in tax revenue.

Illegal gaming platforms that pay zero dollars in tax revenue to the state have been filling the void of licensed skill games that have been removed from locations. Additionally, there is no guarantee that these unregulated games are not “fixed” against the consumer.

Pace-O-Matic develops, produces, and licenses legally compliant games in every state where it operates. Since its founding in 2000, the organization has built a talented leadership team and a culture defined by integrity, innovation, and compliance. Learn more at www.paceomatic.com.

# # #

CONTACT: 1-877-448-4263 Pace-O-Matic 717-576-6733 michael.barley@paceomatic.com


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting