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Profits from video lottery
gaming fund West Virginia programs for senior citizens, education
and tourism. In 2001, House Bill 102 capped the lottery’s
four percent administrative allowance under the Racetrack Video
Lottery Act at the fiscal year 2001 level. Today, excess funds are
deposited into the State’s Excess Lottery Revenue Fund, used
to provide West Virginia students with college scholarships and
to back bonds for economic development endeavors. West Virginia
cities and counties also receive two percent of the State’s
revenues produced by the limited video lottery machines located
within their geographic boundaries.
Together with West Virginia University's School of Rehabilitation
Counseling, the Association recognizes and presents
educational programming each August during National Responsible
Gaming Week. The WVA&LVLA also partners with the Problem Gamblers
Help Network of West Virginia during Problem Gamblers Awareness
Week to donate problem gambling resource materials to local libraries.
In addition, the Problem Gamblers Help Network of WV receives $1million
annually from LVL proceeds as allocated by the LVL Act of 2001. |
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