A3611 (2023-24 session)

NY State bill

Specifies who can operate a handicapping tournament; requires handicapping tournament operators to distribute no less than eighty percent of entry fees as prizes to the winners of a handicapping tournament; requires that five percent of the portion of the gross revenue collected by an operator on handicapping tournament entry fees from New York participants that is not distributed as prizes to the winners of a tournament be distributed quarterly by such operator to the horsemen's organization for welfare and medical plans for regularly employed backstretch employees.

Title
Relates to handicapping tournaments
Type
New York State Assembly bill
Session
2023-24 session
Status
In Assembly Committee
Latest action date
2024-01-03
In committee
Racing And Wagering
Introduced
2023-02-03
Active version
A3611A
Same as
S1957
Law section
Racing, Pari-Mutuel Wagering and Breeding Law

Sponsors

Co-sponsors

Heard in committee

Same as

Sources