Terms Used In New York Laws > Racing, Pari-Mutuel Wagering and Breeding Law > Article 10 - Simulcast of Horse Races

• 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
• Account wagering licensee: means racing associations, and corporations; franchised corporations, off-track betting corporations, and commission-approved multi-jurisdictional account wagering providers that have been authorized by the commission to offer account wagering. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
• Amortization: Paying off a loan by regular installments.
• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• Applicant: means any association, corporation or business entity applying for a simulcast license in accordance with the provisions of this article;
  
  f. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. ^{Source: OCC}
• Branch office: means an establishment maintained and operated by an off-track betting corporation, where off-track pari-mutuel betting on horse races may be placed in accordance with the terms and conditions of this chapter and rules and regulations issued pursuant thereto;
  
  i. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
• Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. ^{Source: U.S. Courts}
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Initial out-of-state thoroughbred track: means the track commencing full-card simulcasting to New York prior to any other out-of-state thoroughbred track after 1:00 PM on any calendar day. 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.
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Mixed meeting: means a race meeting that has a combination of thoroughbred, quarter horse, Appaloosa, paint, and/or Arabian racing on the same race program. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Multi-jurisdictional account wagering provider: means a business entity domiciled in a jurisdiction, other than the state of New York, that does not operate either a simulcast facility that is open to the public within the state of New York or a licensed or franchised racetrack within the state, but which is licensed by such other jurisdiction to offer pari-mutuel account wagering on races such provider simulcasts and other races it offers in its wagering menu to persons located in or out of the jurisdiction issuing such license. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Oath: A promise to tell the truth.
• Off-track betting region: means those regions as defined in section five hundred nineteen of this chapter;
  
  k. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Operator: means any association, corporation or business entity operating a simulcast facility in accordance with the provisions of this article;
  
  g. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
• Receiving track: means any track where simulcasts originated from another track are displayed;
  
  e. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Regional track or tracks: means any or all tracks located within a region defined as an off-track betting region, except that for the purposes of section one thousand eight of this article any track located in New York city, or Nassau, Suffolk and Westchester counties, shall be deemed a regional track for all regions located in district one, as defined in this section;
  
  h. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Sending track: means any track from which simulcasts originate;
  
  d. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Simulcast: means the telecast of live audio and visual signals of running, harness or quarter horse races for the purposes of pari-mutuel wagering;
  
  b. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Simulcast facility: means those facilities within the state that are authorized pursuant to the provisions of this article to display simulcasts for pari-mutuel wagering purposes;
  
  j. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Simulcast theater: means a simulcast facility that is also a public entertainment and wagering facility, which may include any or all of the following: a large-screen television projection and display unit, a display system for odds, pools, and payout prices, areas for viewing and seating, a food and beverage facility, and any other convenience currently provided at racetracks and not inconsistent with local zoning ordinances;
  
  l. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001
• Testimony: Evidence presented orally by witnesses during trials or before grand juries.
• Track: means the grounds or enclosures within which horse races are conducted by any person, association or corporation lawfully authorized to conduct such races in accordance with the terms and conditions of this chapter or the laws of another jurisdiction;
  
  c. See N.Y. Racing, Pari-Mutuel Wagering and Breeding Law 1001