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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) Subject to the Interstate Horseracing Act of 1978, 15 U.S.C. §§ 3001 through 3007, a licensee may simulcast races held in this State to another jurisdiction where betting on racing is lawful.
(b) All payments to the licensee under this section shall be allocated to the licensee, purses, and the applicable bred fund in the way agreed to by:
(1) the licensee;
(2) the group that represents a majority of the applicable owners and trainers licensed in the State; and
(3) the group that represents a majority of the applicable breeders in the State.
Cite this article: FindLaw.com - Maryland Code, Business Regulation § 11-804.1 - last updated January 01, 2025 | https://codes.findlaw.com/md/business-regulation/md-code-bus-reg-sect-11-804-1/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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