N.Y. Comp. Codes R. & Regs. tit. 9, § 4300.9 – Wagering explanations.

(a) An authorized pari-mutuel wagering entity shall include the following information in the official live programs and simulcast programs and post in conspicuous places on authorized pari-mutuel wagering entity grounds:
1. (1) a general explanation of pari-mutuel wagering;
2. (2) an explanation of each type of pari-mutuel wagering pool offered; and
3. (3) the expiration date of mutuel tickets.
(b) Wagering explanations must be approved by the commission before publication.