Part 1, the racing act, to the contrary notwithstanding, the person now or hereafter licensed by the Greene County Racing Commission to conduct live greyhound racing and pari-mutuel wagering shall have the right, subject to the reasonable regulatory authority of the commission, to cause live greyhound racing events conducted at the racetrack in Greene County under the jurisdiction of the commission to be transmitted by television to racetracks located elsewhere in the State of Alabama and to locations in other states and foreign countries to be received at the Greene County Racetrack and there made available for public viewing and pari-mutuel wagering thereon.