N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 100: Legislative intent

§ 100. Legislative intent. The legislature finds and determines that

the gaming industries constitute a vital sector of New York state's

overall economy. The legislature also finds and determines that

responsive, effective, innovative, state gaming regulation is necessary

to operate in a global, evolving and increasingly competitive market

place. The legislature additionally finds and determines that this

legislation is necessary to modernize and transform the present state

gaming agencies into a new integrated state gaming commission.

The continued growth of the gaming industry will contribute to

economic development and job creation in this state. Therefore, it is

essential to maintain the public confidence and trust in the credibility

and integrity of legalized gaming activities. To ensure such public

confidence and trust, this article provides that the regulation of such

gaming is to be conducted in the most efficient, transparent and

effective manner possible. By consolidating various regulatory functions

into a single oversight body with broad powers, this article ensures

strict state regulation of all corporations, associations and persons

engaged in gaming activity. Further, by consolidating regulatory

functions into a single oversight body, this article will increase

efficiency, reduce costs and eliminate any unnecessary redundancies in

regulation. The improved regulatory structure established by this

article will ensure, so far as practicable, the exclusion of unsuitable

persons or entities from participating in any legalized gaming activity

within this state. The goal of this article is that all gaming activity

conducted in this state will be of the highest integrity, credibility

and quality and that the best interests of the public, both gaming and

non-gaming, will be served. Additionally, during the term of appointment

or employment, every member, officer and employee of the commission

shall be held to the highest ethical standards and avoid any conflict of

interest or appearance thereof. Finally, it is determined by the

legislature that the public interest is best served by those persons or

entities engaged in gaming activity paying the cost of regulating such

activity through reasonable regulatory fees.