N.Y. Comp. Codes R. & Regs. tit. 9 § 5329.29
Gross gaming revenue generated pursuant to this Part shall equal the total of all wagers received less voided or cancelled wagers and amounts paid out for winning wagers. The amounts of wagers placed by an operator and amounts received by the operator as payments on layoff wagers made pursuant to section 5329.15 of this Part shall not affect the computation of the operator's gross gaming revenue.
For sports wagering operations, an operator's accounting department member shall determine the daily gross gaming revenue amount as set forth in such operator's internal controls.
Unclaimed funds, cash and prizes shall be reported to the commission on the gross gaming revenue report during the week in which the funds, cash and prizes expire and shall be remitted to the commission with the gross gaming revenue for that week for deposit pursuant to the requirements of Racing, Pari-Mutuel Wagering and Breeding Law section 1354.
Forfeiture of winnings as set forth in Racing, Pari-Mutuel Wagering and Breeding Law section 1345 and gross gaming tax as prescribed in Racing, Pari-Mutuel Wagering and Breeding Law section 1351, including any applicable interest and penalties, shall be transmitted weekly by electronic funds transfer to the commission. Such transmissions are the responsibility of, and shall be made by, the operator.
The operator shall permit duly authorized representatives of the commission to examine the operator's accounts and records for the purpose of certifying gross revenue.
Promotional gaming credits shall not be used in a sports wagering lounge. No promotion related to sports wagering may be offered without the prior approval of the commission.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 5329.29