# 11 Va. Admin. Code § 5-70-60: 11VAC5-70-60. Principal applications

> Virginia · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_60

## Section

- **Citation:** 11 Va. Admin. Code § 5-70-60
- **Heading:** 11VAC5-70-60. Principal applications
- **Jurisdiction:** Virginia
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Virginia Administrative Code / Title 11 Gaming / Agency 5 Virginia Lottery Board / Chapter 70 / 11VAC5-70-60

## Text

A. An applicant for a principal license who is associated with a sports betting permit applicant shall submit the principal application together with the permit application.
B. A principal who will be employed in a managerial capacity for a sports betting platform on behalf of a permit holder:
1. Shall submit the application separately from the application for the sports betting permit; and
2. May submit the application together with a supplier license application.
C. The application for a principal shall be made using the electronic form required by the department.
D. For an applicant who is a citizen of any country other than the United States, the background investigation shall require an international criminal history records check.
E. The application for each principal license shall be accompanied by a wire transfer of $50,000, $1,000 of which shall be considered an application/license fee, with the remainder constituting a nonrefundable initial deposit toward the department's administrative costs to conduct the background investigation of the applicant.
F. The term of a principal license shall be three years from the date of issuance.
G. At least 60 days before the end of the term of a principal license, a principal shall submit a:
1. Renewal application using the electronic form required by the department; and
2. Nonrefundable wire transfer of $50,000 as an application/license fee and background investigation fee.

## Nearby sections

- [11 Va. Admin. Code § 5-70-10 11VAC5-70-10. Definitions](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_10.md)
- [11 Va. Admin. Code § 5-70-20 11VAC5-70-20. Application process](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_20.md)
- [11 Va. Admin. Code § 5-70-30 11VAC5-70-30. Consent for investigation](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_30.md)
- [11 Va. Admin. Code § 5-70-40 11VAC5-70-40. Waiver of requirement](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_40.md)
- [11 Va. Admin. Code § 5-70-50 11VAC5-70-50. Sports betting permit applications](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_50.md)
- [11 Va. Admin. Code § 5-70-60 11VAC5-70-60. Principal applications](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_60.md)
- [11 Va. Admin. Code § 5-70-70 11VAC5-70-70. Sports betting supplier applications](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_70.md)
- [11 Va. Admin. Code § 5-70-80 11VAC5-70-80. Sports betting vendor registrations](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_80.md)
- [11 Va. Admin. Code § 5-70-90 11VAC5-70-90. Sports betting employee applications](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_90.md)
- [11 Va. Admin. Code § 5-70-100 11VAC5-70-100. Bonds](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_100.md)
- [11 Va. Admin. Code § 5-70-110 11VAC5-70-110. Denial of a permit, license, or registration](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_110.md)
- [11 Va. Admin. Code § 5-70-120 11VAC5-70-120. Sanctions](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_120.md)
- [11 Va. Admin. Code § 5-70-140 11VAC5-70-140. Reserve and insurance requirements](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_140.md)
- [11 Va. Admin. Code § 5-70-150 11VAC5-70-150. Liability pooling](https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_150.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_VA_ADC_11_5_70_60. Check the current official text before relying on it. Not legal advice.