Internet and Telephone Account Wagering on Horseracing
NY-ADR
5/14/08 N.Y. St. Reg. RWB-33-07-00005-A
NEW YORK STATE REGISTER
VOLUME XXX, ISSUE 20
May 14, 2008
RULE MAKING ACTIVITIES
RACING AND WAGERING BOARD
NOTICE OF ADOPTION
I.D No. RWB-33-07-00005-A
Filing No. 365
Filing Date. Apr. 29, 2008
Effective Date. May. 14, 2008
Internet and Telephone Account Wagering on Horseracing
PURSUANT TO THE PROVISIONS OF THE State Administrative Procedure Act, NOTICE is hereby given of the following action:
Action taken:
Addition of Part 5300 to Title 9 NYCRR.
Statutory authority:
Racing, Pari-Mutuel Wagering and Breeding Law, sections 101, 222, 301, 401, 518, 520, 1002 and 1012
Subject:
Internet and telephone account wagering on horseracing.
Purpose:
To establish requirements for race track operators and off-track betting corporations that offer account wagering.
Text or summary was published
in the notice of proposed rule making, I.D. No. RWB-33-07-00005-P, Issue of August 15, 2007.
Final rule as compared with last published rule:
No changes.
Revised rule making(s) were previously published in the State Register on
February 13, 2008.
Text of rule and any required statements and analyses may be obtained from:
Gail Pronti, Secretary to the Board, Racing and Wagering Board, One Broadway Center, Suite 600, Schenectady, NY 12305-2553, (518) 395-5400, e-mail: [email protected]
Assessment of Public Comment
The Board received one comment concerning the revised proposal. This comment is from the Executive Director of Operations for the Nassau Regional Off-Track Betting Corporation, a New York authorized pari-mutuel operator.
Citing 5300.4(a)(5), which pertains to the retention of validated credentials used to confirm identity when the account is established, Nassau OTB suggests that the Board eliminate the requirement to retain copies of the credentials if the information has been verified with a credit reporting agency and the report is kept with the account application. The Board had previously amended the proposal to remove the file copy requirement for a social security card under identical circumstances.
The Board considered the comment but found that the requirement to keep copies is not a significant burden in relation to the need to maintain an audit trail to verify compliance with and completion of the account establishment process. Accordingly, the Board has determined that no change will be made in response to this suggestion.
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