N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 1000: Legislative intent

§ 1000. Legislative intent. The legislature finds that the racing,

breeding and pari-mutuel wagering industry is an important sector of the

agricultural economy of this state, provides substantial revenue for

state and local governments, and employs tens of thousands of state

residents.

The legislature further determines that simulcasting, the simultaneous

telecast of live audio and visual signals of horse races on which

pari-mutuel betting is permitted, holds the potential to strengthen and

further these economic contributions and that it is in the best interest

of the state to encourage experimentation with such live telecasts.

The purpose of such experimentation shall be to determine if that

technology can promote the overall growth of the industry resulting in

additional revenues for the support of the racing associations and

corporations, purses, breeders, off-track betting corporations, labor

and government.

No simulcasts shall be authorized which jeopardize present racing or

employment opportunities or which infringe on current operations or

markets of the racetracks and the regional off-track betting

corporations which generate significant revenues for local governments

in the state.

Accordingly, the legislature hereby authorizes experimentation with

the telecasts of horse races, on which pari-mutuel wagering shall be

permitted, under the regulation of the commission in the manner and

subject to the conditions provided in this article.