Provides that from April 1, 2025 to March 31, 2026, twenty-three percent of funds in the Catskill off-track betting corporation's capital acquisition fund shall be made available for certain past due obligations; requires such corporation to submit an expenditure plan for approval before accessing such funds.
Provides that from April 1, 2025 to March 31, 2026, twenty-three percent of funds in the Catskill off-track betting corporation's capital acquisition fund shall be made available for certain past due obligations; requires such corporation to submit an expenditure plan for approval before accessing such funds.
Prohibits regional off-track betting corporations from providing items of value exceeding fifteen dollars to any board member, officer, or employee of the corporation, any contractor, subcontractor, consultant, or other agent of the corporation, or any spouse, child, sibling or parent of such persons; adds reporting requirements for regional off-track betting corporations.
Creates the jockey health insurance reserve fund for the payment of premiums not yet paid; provides for the return of funds if such reserve fund becomes no longer necessary.
Creates the jockey health insurance reserve fund for the payment of premiums not yet paid; provides for the return of funds if such reserve fund becomes no longer necessary.
Requires a regional off-track betting corporation that is comprised in the capital district to distribute unclaimed winnings and refunds to participating counties comprising the capital district corporation; provides penalties for late distributions; provides for the remittance of pari-mutuel wagering taxes.
Requires an off-track betting corporation that accepts wagers on the simulcasts of thoroughbred races from out-of-state or out-of-country to pay to its regional harness track or tracks an amount equal to three percent of handle generated from the acceptance of such wagers from out-of-state or out-of-country thoroughbred tracks after 7:30 P.M.