Notwithstanding Part 1 and any rules and regulations of the racing commission now in effect or hereafter promulgated, all of which are hereby superseded to the extent inconsistent with this section, the racing operator is hereby authorized to open the Macon County racetrack for business and to conduct live greyhound racing or televised horse or greyhound racing, or both, and parimutuel wagering thereon during such hours as it shall deem desirable, however in no event shall the racing commission be authorized to allow live greyhound racing or televised horse or greyhound racing, or both, and parimutuel wagering thereon to be conducted after 2:00 AM on Sunday; provided that the racing operator shall not conduct any live racing event at the Macon County racetrack before 10:00 AM, nor shall it present any televised racing event before 8:00 AM, with each such hour to be determined according to the time then applicable in Alabama. If the racing operator keeps the Macon County racetrack open for business until midnight on any day, whether conducting parimutuel wagering on live racing or televised racing or both, the racing operator may continue all or any of its operations past midnight for not exceeding the first two hours of the following day, even if such following day is not a day on which the Macon County racetrack is scheduled to be open for business as a racing day permitted under Part 1, and the time, not exceeding two hours, for which the operations of the racetrack are continued into the following day shall not be counted as a racing day or any part thereof against the limit of 300 racing days permitted the racing operator in any one year.