An operator may, in its discretion, accept a layoff wager from another New York State licensed operator. Any such wager shall be placed in the name of the operator itself. A layoff wager and, if applicable, a resultant payout shall not be included in the calculation of sports pool gross gaming revenue. Each layoff wager shall be reported to the commission in such manner as the commission may direct.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 5329.15