Statutes > New York Statutes > PML - Racing, Pari-Mutuel Wagering and Breeding Law > Article 1 - (101 - 112) SUPERVISION AND REGULATION > 104-B - Prohibition against wagering on credit.

104-B - Prohibition against wagering on credit.

§  104-b.  Prohibition  against  wagering  on  credit.  No licensee or  franchisee authorized by the board to accept  pari-mutuel  wagers  shall  directly extend credit for any wager under this chapter.