11VAC5-70-150: Liability pooling

A. A permit holder may offset loss and manage risk, directly or with a third party approved by the director, through the use of a liquidity pool in Virginia or, if the permit holder or its affiliate is licensed to operate a sports betting business in a permissible jurisdiction, in that permissible jurisdiction.

B. A permit holder's use of a liquidity pool does not eliminate the permit holder's reserve obligations under 11VAC5-70-140.