N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1002 – General jurisdiction
§ 1002. General jurisdiction. 1. The commission shall have general jurisdiction over the simulcasting of horse races and account wagering within the state, and the commission may issue rules and regulations in accordance with the provisions of this article.
Terms Used In N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1002
- Account wagering: means a form of pari-mutuel wagering in which a person establishes an account with an account wagering licensee and subsequently communicates via telephone or other electronic media to the account wagering licensee wagering instructions concerning the funds in such person's account and wagers to be placed on the account owner's behalf. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
2. The commission shall annually submit reports on or before July first following each year in which simulcasting and account wagering is conducted to the director of the budget, the chair of the senate finance committee and the chair of the assembly ways and means committee evaluating the results of such simulcasts and account wagering on the compatibility with the well-being of the horse racing, breeding and pari-mutuel wagering industries in this state and make any recommendations the commission deems appropriate. Such reports may be submitted together with the reports required by subdivision two of section two hundred thirty-six and subparagraph (iii) of paragraph a and subparagraph (i) of paragraph b of subdivision one of section three hundred eighteen of this chapter.