Action | Promulgation of regulations for Texas Hold’em poker tournaments by the Department of Agriculture and Consumer Services |
Stage | Proposed |
Comment Period | Ended on 5/10/2023 |
My comment is about the use of proceeds. VDACS doesn't allow funds for fraternal activities, which hurts charities since these organizations serve members socially and recreationally. VDACS' rule makes it impossible for them to use poker funds for their purpose, making it hard to follow IRS rules. A good fix is to exempt funds from poker tournaments from this rule