All harness racing corporations or associations formed pursuant to the laws of the State of New York desiring to conduct a race meeting with pari-mutuel wagering thereon must obtain a license annually from the commission. All licenses shall be deemed conditioned upon compliance with the laws of the State of New York, the rules and regulations of the commission, payment of fees and taxes required by statute, payment of fees required for the operation of the commission laboratory for chemical analysis of samples, and the proper installation, operation and maintenance of equipment and devices for the conducting, timing and monitoring of races that the commission shall prescribe as necessary or desirable in the public interest.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 4101.1