Bill > S06969

This bill authorizes various racing organizations, including franchise corporations, thoroughbred and harness racing corporations, and regional off-track betting corporations, to operate historical horse racing (HHR) in a manner prescribed by the state commission. Historical horse racing is a type of wagering that allows bettors to place bets on previously recorded horse races, similar to simulcast betting but using archived race data. The bill mandates that all pari-mutuel handle (the total amount of money bet) derived from these historical horse racing events will be subject to existing payment distribution rules outlined in the state's racing, pari-mutuel wagering, and breeding law. By adding this new section to the existing law, the bill effectively creates a legal framework for HHR operations in New York, potentially providing a new revenue stream for racing organizations. The bill is set to take effect on the first of April following the fiscal year in which it becomes law, allowing time for regulatory preparations and implementation.

Budget and Finance, Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S6969