New York S06969 authorizes the operation of historical horse racing and sets payment distribution for the handle.

New York S06969 amends the racing, pari-mutuel wagering, and breeding law by adding a new section that authorizes the operation of historical horse racing. It allows franchise corporations, thoroughbred racing corporations, harness racing corporations or associations, regional off-track betting corporations, or combinations thereof to conduct historical horse racing as prescribed by the commission. The bill also mandates that all pari-mutuel handle derived from historical horse racing must adhere to the provisions and payment distributions outlined in the chapter.

New York S06969 authorizes the operation of historical horse racing and sets payment distribution for the handle.

New York S06969 amends the racing, pari-mutuel wagering, and breeding law by adding a new section that authorizes the operation of historical horse racing. It allows franchise corporations, thoroughbred racing corporations, harness racing corporations or associations, regional off-track betting corporations, or combinations thereof to conduct historical horse racing as prescribed by the commission. The bill also mandates that all pari-mutuel handle derived from historical horse racing must adhere to the provisions and payment distributions outlined in the chapter.