Youbet Expands International Offerings
Date Posted: 3/27/2009 9:14:51 AM
Last Updated: 3/28/2009 9:47:25 AM

from Youbet.com

Youbet.com has signed three agreements that will enable its members to watch and wager on racing from South Africa, Sweden, additional tracks in the United Kingdom, and Puerto Rico, providing nearly 24-hour-a-day racing coverage.

Wagers placed through the Youbet.com interactive wagering Web site Youbet Express will be commingled with pools at host racetracks. The agreements significantly add to the company’s slate of international racing from tracks in Australia, Dubai, Japan, and South America.

“These new content agreements will make the Youbet.com platform even more convenient for players who are not able to take advantage of wagering online during peak U.S. racing hours,” Youbet.com chief executive officer Michael Brodsky said.

Youbet.com will work with Phumelela Enterprises of South Africa to offer wagering and live streaming video from 16 racetracks in South Africa through Youbet Express. The agreement, which includes distribution rights for 30 racetracks in the United Kingdom, also allows Youbet.com to expand to year-round coverage of UK racing.

Previously, UK racing had been offered from April through September at Youbet.com. The agreement allows Youbet.com to carry English events such as the 2000 Guineas, Grand National Steeplechase, Epsom Derby, and the prestigious Goodwood meet. The end of the South African racing season, the Durban July, will be available for wagering for Youbet.com customers.

In a deal with ATG Sweden, Youbet.com April 4 will begin importing harness racing from Swedish racetracks on a twice-per-week basis. In May, Youbet.com members will be able to watch and wager on the Elitloppet, one of the world’s most prestigious harness races from Solvalla racetrack in Stockholm. The Swedish simulcasts will be offered every Wednesday and Saturday throughout the year.

Youbet.com reached an agreement with Camarero Race Track in Puerto Rico, making Youbet.com the first advance deposit wagering company in the continental U.S. to offer racing content from Camarero. Youbet.com members will be able to watch and wager on the Puerto Rican Triple Crown and the Caribbean’s most important race, the $300,000 Clasico del Caribe for 3-year-olds. The Clasico will be run this year Dec. 6 and televised on ESPN Deportes.

The agreements, along with regular U.S. racing content, provide for about 20 hours of racing per day.



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