Charles F Champion

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Youbet Hails Decision in TVG Arbitration Fight 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.

Youbet Makes Deal With CBS and CBS announced an agreement May 3 making Youbet the exclusive horseracing content provider for the Internet sports media Web site. Names Regional Managers, 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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