N.Y. Racing, Pari-Mutuel Wagering and Breeding Law Section 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 failure to present any such ticket within the prescribed period of time shall constitute a waiver of the right to participate in the award or dividend.

3.

The department of taxation and finance is hereby charged with the financial administration of pari-mutuel betting as herein described and as supplemented by the rules and regulations of the commission. The department of taxation and finance shall have authority to prescribe the forms and the system of accounting to be employed and through its representatives shall at all times have access to the issuing or vending machines, the adding machines and all other pari-mutuel betting equipment.

Source: Section 235 — Rules for the conduct of pari-mutuel betting, https://www.­nysenate.­gov/legislation/laws/PML/235 (updated Oct. 16, 2020; accessed Jan. 17, 2026).

201
Incorporation 202
Restriction upon commencement of business 202–A
Liability of the directors of a franchised corporation 202–B
No debt of the state 203
Right to hold race meetings and races 204
Certificate of payment of stock 205
License for running races and steeplechase meetings 206
Franchise for running races and steeplechase meetings 207
Board of directors of a franchised corporation 208
Conditions of franchise award 209
Examination of the books and accounts by the state comptroller 210
Franchise termination 210–A
Relinquishment of franchise 211
Fair association, when entitled to privileges 212
Franchise oversight board 213
Project labor agreements 214
Acquisition of racing facilities 216
Disposition of racing facilities or certain assets 217
Revocation of licenses 218
Stewards at race meetings 219
Advertising or promotional material 220
Licenses for participants and employees at race meetings 220–A
Corporations continued 221
New York Jockey Injury Compensation Fund, Inc 221–A
Health insurance for jockeys 221–B
Health insurance for trainers 222
Notice to be posted upon grounds 223
Special police officers 224
Penalty for unlawful racing and betting 225
Registration of race horses 226
Increased or additional entrance fees 228
Pension plans for backstretch employees 229
Backstretch employees drug and alcohol rehabilitation eligibility 230
Membership in a national thoroughbred racing association 231
Pari-mutuel betting on horse races legalized 232
License to conduct pari-mutuel betting at race meetings for running races or steeplechases 233
Bond required of corporation conducting pari-mutuel betting 234
Place and manner of conducting pari-mutuel betting 235
Rules for the conduct of pari-mutuel betting 236
Disposition of pari-mutuel pools 237
Capital improvements 238
Disposition of pari-mutuel pools of the franchised corporation 239
Books and records of pari-mutuel betting 240
Yearly audit 241
Disposition of unpaid money due on account of pari-mutuel tickets not presented 242
Races for horses bred in the state 243
Free or reduced fee passes, cards or badges 244
Revocation of license or franchise 245
Hearing on refusal or revocation of license or franchise 246
Approval of plans of corporation 247
Racing zones 248
Racing season 249
Pari-mutuel employees to be citizens and residents 250
Power of commission to impose penalties 251
Definitions 252
New York state thoroughbred breeding and development fund 253
Powers of the fund 254
Resources of fund 255
Annual audit 256
Annual report 257
Actions against fund
Green check means up to date. Up to date

Verified:
Jan. 17, 2026

Last modified:
Oct. 16, 2020

§ 235. Rules for the conduct of pari-mutuel betting's source at nysenate​.gov

Link Style