{"data":{"id":"us-va/11vac5-70-150","jurisdiction":"us-va","citation":"11VAC5-70-150","heading":"Liability pooling","body":"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.\n\nB. A permit holder's use of a liquidity pool does not eliminate the permit holder's reserve obligations under 11VAC5-70-140.","path":["Title 11. Gaming","Agency 5. Virginia Lottery Board","Chapter 70. Sports Betting"],"source_url":"https://law.lis.virginia.gov/admincode/title11/agency5/chapter70/section150/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:49:37Z","sha256":"c96fea8a478ea083f2a125795ada650099c581c47b7c599751c11c4548c67f73","source_id":"us-va-vac","stale":false,"prev":"us-va/11vac5-70-140","next":"us-va/11vac5-70-160"},"notice":"GroundRules: Original legal text. Not legal advice."}