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Then their efforts turn to drumming up support to pass laws allowing slots at race tracks and toward establishing formulas for sharing slots revenue with race track owners. While that may make sense in the short run it should not blind horsemen to the long term need to protect the legislative underpinning of their livelihood, the Interstate Horseracing.
Udall and Pitts said their latest bill calls for a repeal of the Interstate Horseracing Act, which governs simulcasts across state lines and advance deposit wagering. The law is critical to pari-mutuel horse racing.
As I read this article going after Interstate Horseracing Act of 1978, Internet and off-track wagering will completely and adversely affect our sport. This will be the death knell for racing as we know it, if it is successful. Those who think it may not happen may be unpleasantly surprised as there are strong lobbyists in Washington ready to pump a lot of money into the campaigns of Senators and Representatives to support repeal and elimination of these three.