Skip to main content
Find a Lawyer

New York Consolidated Laws, Racing, Pari-Mutuel Wagering and Breeding Law - PML § 1018. Distribution

Current as of January 01, 2026 | Updated by Findlaw Staff

Notwithstanding any other provision of this chapter, for the period July twenty-fifth, two thousand one through September eighth, two thousand twenty-five, when a franchised corporation is conducting a race meeting within the state at Saratoga Race Course, every off-track betting corporation branch office and every simulcasting facility licensed in accordance with section one thousand seven (that has entered into a written agreement with such facility's representative horsemen's organization as approved by the commission), one thousand eight or one thousand nine of this article shall be authorized to accept wagers and display the live simulcast signal from thoroughbred tracks located in another state, provided that such facility shall accept wagers on races run at all in-state thoroughbred tracks which are conducting racing programs subject to the following provisions;  provided, however, no such written agreement shall be required of a franchised corporation licensed in accordance with section one thousand seven of this article.

Every facility authorized to accept wagers on out-of-state tracks shall distribute all sums deposited in any pari-mutuel pool to the holder of winning tickets therein, provided such tickets are presented for payment prior to April first of the year following the year of their purchase, the retention rates and breaks shall be as prescribed by another state or country pursuant to section nine hundred five of this chapter.

1. Of the sums so retained, the applicable tax rates shall be as set forth in this paragraph plus fifty percent of the breaks;  provided, however, fifty percent of the breaks accruing from an off-track betting corporation licensed in accordance with section one thousand eight of this article and from simulcast theatres licensed in accordance with section one thousand nine of this article, shall be paid to the agriculture and New York state horse breeding and development fund.

2. a. Of the sums so retained, one-half of one percent of all wagers shall be paid to the New York state thoroughbred breeding and development fund, except that of the sums so retained on such wagers at licensed harness tracks, one-half of one percent shall be paid to the agriculture and New York state horse breeding and development fund.

b. Any thoroughbred racing corporation or harness racing association or corporation or off-track betting corporation shall pay to the commission as a regulatory fee, which fee is hereby levied, six-tenths of one percent of all wagering pools.

3. Distribution of wagers placed on out-of-state thoroughbred tracks at facilities licensed in accordance with section one thousand eight or one thousand nine of this article.

The following percentages of the sums so retained on days when a franchised corporation is conducting a meeting within the state

 

 

Regular
bets

Multiple
bets

Exotic
bets

Super
exotic
bets

 

 

State Tax

 .25

 .25

 .25

 .25

 

Non-franchised

Thoroughbred racing corporation

 .50

 .50

 .50

 .50

 

Non-franchised

Thoroughbred racing corporation payments to
purses

 .50

 .50

 .50

 .50

 

Franchised corporation

3.25

3.25

3.25

3.25

 

Franchised corporation

payments to purses

3.25

3.25

3.25

3.25

4. Payments to purses as required pursuant to this subdivision shall be paid to the thoroughbred racing corporation to be used exclusively for the purpose of increasing purses, including stakes, premiums and prizes.

5. For wagers placed on an out-of-state track at a franchised corporation the state tax shall be one-quarter of one percent of all wagers and three and one-quarter of one percent shall be utilized by a franchised corporation exclusively for the purpose of increasing purses, including stakes, premiums and prizes identified to sums retained for each type of on-track wager.

6. The following percentages of the distribution of wagers placed on out-of-state thoroughbred tracks at facilities licensed in accordance with section one thousand seven of this article.  Of the sums so retained on days when a franchised corporation is conducting a meeting within the state

 

 

Regular
bets

Multiple
bets

Exotic
bets

Super
exotic
bets

 

 

State Tax

 .25

 .25

 .25

 .25

 

Non-franchised

Thoroughbred racing corporation

 .50

 .50

 .50

 .50

 

Non-franchised

Thoroughbred racing corporation payments to
purses

 .50

 .50

 .50

 .50

 

Franchised corporation

  2

  2

  2

   2

 

Franchised corporation payments to purses

  2

  2

  2

  2
Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - New York Consolidated Laws, Racing, Pari-Mutuel Wagering and Breeding Law - PML § 1018. Distribution - last updated January 01, 2026 | https://codes.findlaw.com/ny/racing-parimutuel-wagering-and-breeding-law/pml-sect-1018/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard