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228 – Pension Plans for Backstretch Employees.

§ 228. Pension plans for backstretch employees. 1. The commission may, as a condition of racing, require all trainers and owners engaged in racing at meetings of any corporation subject to its jurisdiction to participate in a pension plan or trust established, or which may be established, by trainers and owners for the benefit of […]

229 – Backstretch Employees Drug and Alcohol Rehabilitation Eligibility.

§ 229. Backstretch employees drug and alcohol rehabilitation eligibility. Any licensed not-for-profit organization providing drug and alcohol rehabilitation services to backstretch employees shall receive information concerning available funding and existing programs from a coordinated effort of the commission and division of substance abuse services.

230 – Membership in a National Thoroughbred Racing Association.

§ 230. Membership in a national thoroughbred racing association. Notwithstanding any other provision of law to the contrary, if a majority of the board of directors of a horsemen’s organization qualified pursuant to section two hundred twenty-eight of this article shall annually approve, the qualified horsemen’s organization may request that the franchised corporation make payments, […]

231 – Pari-Mutuel Betting on Horse Races Legalized.

§ 231. Pari-mutuel betting on horse races legalized. In the exercise of the authority vested in it by section nine of article one of the state constitution, as amended by vote of the people at the general election in November, nineteen hundred thirty-nine, the legislature prescribes that pari-mutuel betting on horse races shall be lawful […]

233 – Bond Required of Corporation Conducting Pari-Mutuel Betting.

§ 233. Bond required of corporation conducting pari-mutuel betting. 1. Every corporation franchised or licensed by the commission to conduct pari-mutuel betting, annually and before the opening of any race meeting, shall execute and file with the state comptroller, a bond to the state in a penalty to be fixed by the commissioner of taxation […]

234 – Place and Manner of Conducting Pari-Mutuel Betting.

§ 234. Place and manner of conducting pari-mutuel betting. Any corporation licensed or franchised to conduct pari-mutuel betting at a horse race meeting shall provide a place or places within the race meeting grounds or enclosure at which such licensee or franchisee shall conduct the pari-mutuel system of betting by its patrons on the results […]

235 – Rules for the Conduct of Pari-Mutuel Betting.

§ 235. Rules for the conduct of pari-mutuel betting. 1. The commission shall make rules regulating the conduct of pari-mutuel betting, as authorized pursuant to this chapter. 2. The rules shall provide that all winning pari-mutuel tickets must be presented for payment before April first of the year following the year of their purchase and […]

237 – Capital Improvements.

§ 237. Capital improvements. 1. For the purposes of this section, “capital improvement” shall mean any addition to, replacement of or remodeling of the physical plant, structures and equipment now or hereafter owned or leased by a racing corporation that is used or is to be used by such corporation in connection with the conduct […]

238 – Disposition of Pari-Mutuel Pools of the Franchised Corporation; Percentage Payable to State as a Tax; Authority of Counties or Certain Cities to Impos

§ 238. Disposition of pari-mutuel pools of the franchised corporation; percentage payable to state as a tax; authority of counties or certain cities to impose a tax. 1. (a) The franchised corporation authorized under this chapter to conduct pari-mutuel betting at a race meeting or races run thereat shall distribute all sums deposited in any […]

239 – Books and Records of Pari-Mutuel Betting.

§ 239. Books and records of pari-mutuel betting. Every corporation or association conducting a horse race meeting at which pari-mutuel betting on the races run at such meeting is authorized shall keep its books and records so as to clearly show by a separate record the total amount of money contributed to every pari-mutuel pool, […]

240 – Yearly Audit.

§ 240. Yearly audit. 1. The franchised corporation shall, at its own expense, cause its annual financial statements to be audited in accordance with generally accepted auditing standards by a qualified independent certified public accountant approved by the franchise oversight board. The annual financial statements shall be prepared on a comparative basis for the current […]

241 – Disposition of Unpaid Money Due on Account of Pari-Mutuel Tickets Not Presented.

§ 241. Disposition of unpaid money due on account of pari-mutuel tickets not presented. The sum held by any corporation authorized to conduct pari-mutuel betting for payment of outstanding winning pari-mutuel tickets and for refunding the price of pari-mutuel tickets shall be retained by such corporation for such purposes until April first of the succeeding […]

242 – Races for Horses Bred in the State.

§ 242. Races for horses bred in the state. The commission in granting a license to a corporation to conduct running or steeplechase races at its racetrack, if the commission deems such requirement practicable, may require such corporation to provide for at least one race during the racing season in which the entries shall be […]

243 – Free or Reduced Fee Passes, Cards or Badges.

§ 243. Free or reduced fee passes, cards or badges. A corporation licensed or franchised to conduct pari-mutuel betting on races run on its racetrack may issue free passes, cards or badges to any qualified person. A qualified person shall include, but need not be limited to, officers and employees of the corporation conducting the […]

244 – Revocation of License or Franchise.

§ 244. Revocation of license or franchise. The commission may revoke a license issued by it under this chapter or a franchise granted pursuant to section two hundred six of this article if the corporation to which such license or franchise shall have been issued, or its officers or directors, shall not conduct racing at […]

245 – Hearing on Refusal or Revocation of License or Franchise.

§ 245. Hearing on refusal or revocation of license or franchise. If the commission refuses to grant a license applied for under this article, or determines to revoke such a license granted by it or a franchise pursuant to sections two hundred twelve and two hundred forty-four of this article, the commission shall give to […]

246 – Approval of Plans of Corporation.

§ 246. Approval of plans of corporation. The commission shall not grant to a corporation hereafter formed pursuant to this chapter, a license to conduct a running or steeplechase race meeting within the state until such corporation shall have submitted to the commission a statement of the location of its proposed grounds and racetrack, together […]

247 – Racing Zones.

§ 247. Racing zones. There are hereby created two racing zones to be known as the first zone and the second zone. The first zone shall include all of the counties in the first, second, ninth, tenth, eleventh and twelfth judicial districts. The second zone shall include all the other counties of the state. Not […]