N.Y. Racing, Pari-Mutuel Wagering and Breeding Law § 235

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