Virginia Gaming Commerce Regulation Act; established, penalties, report.

Created a new Virginia Gaming Commerce Regulation Fund with specific allocation percentages: 70% to education, 15% to localities for law enforcement, 2.5% to problem gambling treatment, and other allocations to state agencies.

Established new licensing requirements with specific fee structures: $250,000 for manufacturer licenses, $250,000 for distributor licenses, $25,000 for operator licenses, and $1,000-$2,500 for host location licenses.

Redefined 'electronic gaming device' to mean devices where the outcome is determined by predominant player skill rather than chance, distinguishing them from traditional gambling devices.

Added new definitions for 'truck stop' requiring specific fuel sales volumes and land requirements, and 'independent testing laboratory' with strict independence requirements.

Created new penalties including civil penalties up to $25,000 per device for unregulated locations, Class 1 misdemeanor charges for violations, and Class 6 felony charges for repeat offenses.

Set specific implementation deadlines: distributor registration by August 30, 2025; registration labels by September 1, 2025; and full licensing program beginning January 1, 2026.

Established eligibility criteria for host locations including truck stops, ABC retail locations, and traditional lottery agent locations with specific device limits (3 devices for standard locations, 7 for truck stops and ABC locations).