523 - General Limitations on Off-Track Betting.

NY Rac, Pari-Mut Wag & Breeding L § 523 (2019) (N/A)
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(1) Any missed pools of wagers placed at off-track betting parlors subsequent to December thirty-first, nineteen hundred eighty-two and prior to August first, nineteen hundred ninety-four which were not used to calculate payouts to winning bettors because such wagers failed to be transmitted to and were not included in the statewide pari-mutuel betting pool shall be retained by such corporation for its ordinary operating expenses.

(2) On or before August first, nineteen hundred ninety-four the board shall promulgate rules and regulations, which direct said regional corporations and said missed pools to the in-state track conducting the race on which the wager was placed to be used for the next available common pool.