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This entry was published on 2016-08-05
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SECTION 1406
Annual report
Racing, Pari-Mutuel Wagering and Breeding Law (PML) CHAPTER 47-A, ARTICLE 14
§ 1406. Annual report. 1. Each registrant shall annually submit a
report to the commission no later than the thirtieth of June of each
year, which shall include the following information as it shall apply to
accounts held by authorized players located in New York state:

(a) the number of accounts held by authorized players on all platforms
offered by the registrant, and the number of accounts held by highly
experienced players on all platforms offered by the registrant;

(b) the total number of new accounts established in the preceding
year, as well as the total number of accounts permanently closed in the
preceding year;

(c) the total amount of entry fees received from authorized players;

(d) the total amount of prizes awarded to authorized players;

(e) the total amount of interactive fantasy sports revenue received by
the registrant;

(f) the total number of authorized players that requested to exclude
themselves from contests;

(g) any additional information that the commission deems necessary to
carry out the provisions of this article.

2. Upon the submission of such annual report, to such extent that the
commission deems it to be in the public interest, the commission shall
be authorized to conduct a financial audit of any registrant, at any
time, to ensure compliance with this article.

3. The commission shall annually publish a report based on the
aggregate information provided by all registrants pursuant to
subdivision one of this section, which shall be published on the
commission's website no later than one hundred eighty days after the
deadline for the submission of individual reports as specified in
subdivision one of this section.