§ 518. Off-track pari-mutuel betting; objectives. In the exercise of the power vested in it by subdivision one of section nine of article one of the state constitution, the legislature hereby prescribes that off-track pari-mutuel betting on horse races, conducted under the administration of the commission in the manner and subject to the conditions provided […]
§ 519. Definitions. The following terms shall mean and include: 1. “Region.” One or more of the following named regions comprised of the counties indicated: a. Suffolk: Suffolk county; b. Nassau: Nassau county; c. New York city: the five counties comprising the city of New York; d. Catskill: Broome, Chemung, Chenango, Delaware, Orange, Rockland, Sullivan, […]
§ 520. General jurisdiction. 1. The commission shall have general jurisdiction over the operation of all off-track betting facilities within the state. The commission shall issue rules and regulations in accordance with the provisions of this article in order to ensure the accomplishment of the purposes set out in section five hundred eighteen of this […]
§ 521. Approval of plans of operation; amendments. In order to accomplish the objectives of this article, the commission shall have the power, subject to the provisions of this article but without limiting the generality of any provision of this chapter, to approve a plan of operation submitted by any regional corporation created under article […]
§ 522. Suspension of approval. 1. The commission may suspend its approval of any plan of operation if the regional corporation whose plan of operation has been approved or its officers or directors fails to conduct off-track pari-mutuel betting on horse races in accordance with the provisions of the plan of operation, with the applicable […]
§ 523. General limitations on off-track betting. The commission shall require that any regional corporation conduct off-track pari-mutuel betting in accordance with this section. 1. The system of off-track betting operated by such corporation, except as otherwise provided in this section, shall result in the combination of all off-track wagers with on-track wagers so as […]
§ 524. Reports, accounts, investigations. 1. The commission shall, consistent with the powers of the department of taxation and finance, prescribe uniform methods of keeping accounts, records and books to be observed by regional corporations. The commission shall, consistent with the powers of the department of taxation and finance, prescribe by order forms of accounts, […]
§ 525. Statewide transmission. Subject to the general limitations of this article, the provisions of its plan of operation and the rules and regulations of the commission, each regional corporation may provide for direct transmission of off-track wagering information to a track within its region for the purpose of creating a joint or combined pool […]
§ 526. Use of track facilities; combined pools. In order to effectuate the general policy of this article that off-track and on-track wagers be combined into single pools to provide uniform odds and payouts, track operators shall be subject to the requirements of this section. 1. a. At the request of a regional corporation, a […]
§ 527. Disposition of off-track pools; state tax. Each regional corporation conducting off-track betting shall distribute all sums deposited in any pari-mutuel pool through such corporation to the holders of winning tickets therein, providing such tickets be presented for payment prior to April first of the year following the year of their purchase, less an […]
§ 528. Agreements involving other states. 1. The commission shall be empowered to conclude agreements with another state or a racing corporation or association in another state, as the case may be, on behalf of any or all regional corporations for the purpose of conducting off-track betting on races run in another state, subject to […]
§ 529. Unclaimed winnings and refunds. The commission shall require each regional corporation to establish a non-escrowed account for payment of outstanding winning tickets and for payment of refunds to ticket holders entitled thereto under the rules of the commission. 1. All tickets must be presented for payment to the regional corporation from which purchased […]
§ 530. Job security for track employees. Plans of operation of regional off-track betting corporations shall include provision for job security for employees of racetracks within each region compatible with and in furtherance of the objectives of this article and subject to the approval of the commission. Job security agreements that may be concluded from […]
§ 531. Reduction of local admissions taxes as a pre-condition of off-track betting. 1. Notwithstanding article eight of this chapter and subdivision twenty-four of section sixty-four of the town law, no locally imposed taxes on admissions to harness or running races shall be in the aggregate more than three percent of such admissions on and […]
§ 532. Surcharge on off-track winnings; disposition of revenues. 1. Notwithstanding any other provision of law, each regional off-track betting corporation, or off-track betting operator, including the New York city off-track betting corporation, conducting off-track betting shall impose a surcharge of five percent on the portion of pari-mutuel wagering pools distributable to persons having placed […]
