Interstate Horse Racing Act

[AI summary unavailable — showing source text] Interstate Horseracing Act - Expresses the findings of Congress with regard to the significance of the horseracing industry and the effects of off-track betting on such industry. Declares that the policy of the Congress is to assure continued revenue flow from horseracing to the States and to protect the horseracing industry. States that any person accepting any interstate off-track wages in violation of this Act shall be liable for damages to the host State (the State in which the race in held), the host racing association, and any horse owner whose horse participated in the horserace with respect to which the off-track wage was accepted.…