New York Laws
Article 2 - Thoroughbred Racing and Breeding
224 - Penalty for Unlawful Racing and Betting.

§ 224. Penalty for unlawful racing and betting. All racing or trials
of speed between horses or other animals for any bet, stake or reward,
except such as is allowed by this article or by special laws, is a
public nuisance; and every person acting or aiding therein, or making or
being interested in such bet, stake or reward is guilty of a misdemeanor
and upon conviction is punishable by imprisonment in the county jail or
penitentiary for a period of not more than one year; and in addition to
the penalty prescribed therefor he forfeits to the people of this state
all title or interest in any animal used with his privity in such race
or trial of speed, and in any sum of money or other property betted or
staked upon the result thereof.

Structure New York Laws