Bill

Bill > A06117


NY A06117

NY A06117
Provides that antitrust laws shall not apply to any joint agreement entered into, in consultation with and jointly approved by the state gaming commission and the attorney general, by or among non-profit associations, thoroughbred racing associations or corporations, harness racing associations or corporations, quarter horse racing associations or corporations and regional off-track betting corporations to coordinate the dates and times under which they will conduct programs of racing and offer


summary

Introduced
02/26/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the racing, pari-mutuel wagering and breeding law, in relation to antitrust exemptions for horse racing agreements

AI Summary

This bill provides an antitrust law exemption for horse racing-related joint agreements that are jointly approved by the state gaming commission and attorney general. Specifically, the bill allows various racing associations and corporations (including non-profit, thoroughbred, harness, and quarter horse racing entities) and regional off-track betting corporations to coordinate racing dates and times and to sell, transfer, assign, or purchase rights to broadcast, simulcast, electronically transmit, or offer pari-mutuel wagering on horse races without being subject to state and federal antitrust laws. The state gaming commission and attorney general are required to consider and approve such agreements with the goal of ensuring the viability and continued existence of the horse racing and agriculture industries in the state. The bill will take effect 180 days after becoming law. Pari-mutuel wagering is a betting system where all bets of a particular type are placed together in a pool, and payoff odds are calculated by sharing the pool among all winning bets.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

referred to racing and wagering (on 01/07/2026)

bill text


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