Provides specific authority to video stream live races to any New York licensed track or off-track betting corporation which accepts internet wagers.
Provides for payments to licensed harness tracks by regional off-track betting corporations.
Provides for the amount to be paid by off-track betting corporations to regional harness tracks from out-of-state and out-of-country simulcast revenue.
Relates to the Catskill off-track betting corporation providing licensing and financing to the Monticello racetrack and the ability to provide capital improvements.
Extends the oversight functions of the board to apply to the New York city off-track betting corporation.
Relates to the utilization of funds in the Catskill off-track betting corporation's capital acquisition fund for the purposes of statutory obligations, payroll, and expenditures necessary to accept authorized wagers.
Increases the discretionary spending threshold for regional off-track betting corporations to $35,000.
Increases the discretionary spending threshold for regional off-track betting corporations to $35,000.
Provides that the winnings from off-track betting, remaining unclaimed by April 1 each year, shall become part of the regional off-track betting corporation's operating account.
Provides that the disposition of net revenues of regional off-track betting corporations to participating counties may be divided on an annual, bi-annual or quarterly basis as determined by such corporations.