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Youbet.com Inc. must pay about $1.3 million to its license partner TVG for underpayments during a three-year content agreement that ended March 31, 2005, an arbiter ruled Nov. 16. TVG initially claimed it was owed $5.8 million.
Friday, November 17, 2006Youbet.com reported net income of $1.5 million, or 4 cents per diluted share, for the fourth quarter that ended Dec. 31, 2005.
Friday, February 17, 2006Youbet.com announced Monday that it has filed a $50 million universal shelf registration statement on Form S-3 with the Securities and Exchange Commission.
Monday, June 27, 2005Youbet.com and CBS SportsLine.com announced an agreement May 3 making Youbet the exclusive horseracing content provider for the Internet sports media Web site.
Tuesday, May 03, 2005Youbet.com has withdrawn its proposal to acquire all of the issued and outstanding shares of American Wagering Inc. for $12 million, the company announced Friday.
Saturday, January 15, 2005Hall of Fame trainer D. Wayne Lukas, who has won a record 17 Breeders Cup races in his career, signed on as a spokesman for the home wagering company Youbet.com on Oct. 26.
Tuesday, October 26, 2004Youbet.com, Inc., a leading online wagering company for horseracing, named David B. Bonfield and Jeff True as regional general managers of the company's new business development program.
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