There is a newer version of the New York Consolidated Laws
2006 New York Code - Revocation Of License.
§ 237. Revocation of license. The state racing and wagering board may revoke a license issued by it under sections two hundred twenty-two through seven hundred five of this chapter if the corporation or association to which such license shall have been issued, or its officers or directors, shall not conduct racing at its track, including pari-mutuel betting on races thereat, in accordance with the terms and conditions of such license, with the rules of such board and with the provisions of this chapter; or if such corporation or association or its officers or directors shall knowingly permit on its grounds or within the enclosure of its racetrack, lotteries, pool selling or bookmaking, or any other kind of gambling, in violation of sections two hundred twenty-two through seven hundred five of this chapter or of the penal law.
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