§ 901. Reduction in retained commission. 1. Notwithstanding the provisions of subdivision two of section five hundred twenty-three of this chapter, the commission shall authorize regional off-track betting corporations to accept additional wagers on multiple betting opportunities on races conducted by any franchised corporation. A franchised corporation may elect to offer such similar additional daily […]
§ 902. Equine drug testing and expenses. 1. In order to assure the public’s confidence and continue the high degree of integrity in racing at the pari-mutuel betting tracks, equine drug testing at race meetings shall be conducted by a state college or at a land grant university within this state. The commission shall promulgate […]
§ 903. Simulcasting rights; Breeders’ Cup Ltd. Notwithstanding any inconsistent provision of this chapter and upon the approval of the commission, a franchised corporation is authorized to enter into an agreement with the Breeders’ Cup Ltd. for the disposition of all revenues derived by such franchised corporation from and limited to the live transmission of […]
§ 904. On-track wagers on the Kentucky Derby, the Preakness and the Breeders’ Cup. 1. Notwithstanding any inconsistent provision of this chapter, whenever a regional off-track betting corporation accepts wagers on and displays the simulcast of the Kentucky Derby, the Preakness or races known as the “Breeders’ Cup”, any corporation or association conducting pari-mutuel betting […]
§ 905. Combination of New York wagers with wagers made in other states or foreign countries. 1. The combination of New York wagers with wagers of the same type made in other states or foreign countries is hereby authorized pursuant to rules and regulations of the commission so as to produce a common pari-mutuel pool […]
§ 906. Handicapping tournaments. 1. Notwithstanding any other provision of law, a thoroughbred racing corporation, a harness racing corporation or association, a regional off-track betting corporation or a combination thereof, may operate a handicapping tournament at which the participants may be charged an entry fee if the tournament is conducted in accordance with the provisions […]
§ 908. Non-refundable tax credit. Each regional off-track betting corporation shall be entitled to a monthly non-refundable tax credit to be applied against the pari-mutuel tax on all pools on races conducted within New York state. Such credit shall be equal to fifty-four percent of the pari-mutuel tax attributable to such corporation’s daily increase in […]
§ 910. Reciprocity of licenses. All license denials, suspensions and revocations imposed by the pertinent racing and gambling authorities of other jurisdictions, including states, United States territories, and Canadian provinces shall be recognized and enforced by the commission unless application is made for a hearing at which time the applicant may show cause as to […]
§ 911. Advance deposit wagering. The commission shall study the impact of advance deposit wagering on horse racing and pari-mutuel handle in New York state. The study shall include but not be limited to the impact of out-of-state entities accepting wagers from New York state residents, the annual dollar amount wagered by New York state […]
