2015 New York Laws
PML - Racing, Pari-Mutuel Wagering and Breeding Law
Article 2 - (Racing, Pari-Mutuel Wagering and Breeding Law) THOROUGHBRED RACING AND BREEDING
235 - Rules for the conduct of pari-mutuel betting.

  235.  Rules  for  the  conduct of pari-mutuel betting. 1. The state
  racing and wagering board shall make rules  regulating  the  conduct  of
  pari-mutuel betting, as authorized pursuant to this chapter.
2.  The  rules shall provide that all winning pari-mutuel tickets must
  be presented for payment before April first of the  year  following  the
  year of their purchase and failure to present any such ticket within the
  prescribed  period  of  time  shall  constitute a waiver of the right to
  participate in the award or dividend.
3. The department of taxation and finance is hereby charged  with  the
  financial  administration of pari-mutuel betting as herein described and
  as supplemented by the rules and regulations of  the  state  racing  and
  wagering  board.  The  department  of  taxation  and  finance shall have
  authority to prescribe the forms and the  system  of  accounting  to  be
  employed  and through its representatives shall at all times have access
  to the issuing or vending machines, the adding machines  and  all  other
  pari-mutuel betting equipment.