Relates to operating historical horse racing products

◆ The sponsor's argument

Why Joseph P. Addabbo Jr. says this is needed

Historical Horse Racing (HHR) is a popular electronic pari-mutuel wager- ing game currently authorized and operating in twelve states. Specif- ically, HHR allows players to place pari-mutuel wagers on replays of anonymous and randomly selected thoroughbred and harness horse races that have previously been run. In general, game play begins when a player deposits a wager, and a race is randomly selected from a video library of over thousands of previous races. The identifying information such as the location and date of the race, and the names of the horses and jockeys, is not shown. The player can view basic handicapping information by showing information such as the anonymous jockeys' and trainers' winning percentages in the past. Based on this handicapping information, the player picks the projected order of finish. Payouts are based on traditional pari-mutuel wagering distributions that are statutory driven. This bill will enhance the pari-tnutuel wagering options offered to consumers by all entities that allow parimutuel wagering at licensed facilities in New York. In the states HHR is authorized, it is a proven revenue generator and should be viewed as the next stages of parimutuel wagering in New York. HHR machines have significantly bolstered gaming revenues in several states, including Kentucky, Wyoming, Virginia, and New Hampshire. These states have proven that there is significant reven- ue-generating potential of HHR machines.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.