Thursday, February 19, 2015

OTBs must be open

every day of the year just like the NYS Lottery and the slot machines

 

 

Racing and Gaming

  • Executive Budget proposal: Extend Monticello VLT rates, certain Pari-Mutuel Tax Rates and Simulcast provisions, and video lottery gaming vendor's capital awards program for one year (Revenue, S.6359-D/A.8559-D, Parts AA & BB).
    • Approved.
  • Executive Budget proposal: Increase the regulatory racing surcharge on handles 0.5% to 0.6% to cover the cost of regulation (Revenue, S.6359-B/A.8559-B, Part D).
    • Not Approved.
  • Executive Budget proposal: The Catskill regional Off-Track Betting Corporation to operate in New York City (TED, A.8557-C, Part HH)
    • Not Approved.
  • Executive Budget proposal: One percent of the gross purse enhancement will be paid to the Gaming Commission to promote and ensure equine health and safety. Additionally, one and a half percent of the gross purse enhancement at a thoroughbred track will be paid to an account to provide health insurance for jockeys. (Revenue, S.6359-D/A.8559-D, Part OO) Adopted
    Enhance the current 10% free play allowance to 15% for race-track gaming facilities. (Revenue, A.8559-C, Part PP)
    • Not Approved.
  • Executive Budget proposal: Allow VLTS at International airports located in a city of one million or more (Revenue, S.6359-C, Part HHH).
    • Not approved.
  • Executive Budget proposal: Allow VLT facilities to operate at 6AM but no more than twenty hours per day; increase the free play percentage from 10 to 15%; and increase the number of VLTs allowed at Nassau and Suffolk OTB to 2,000. (Revenue, S.6359-C, Part CCC) Excluded
    Increase the marketing allowance from 10-12.5% for VLT gaming facility located within a zone of Native American exclusivity. (Revenue, S.6359-C,Part DDD)
    • Not Approved.

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