Powell, who has served as a racetrack manager, said the Youbet.com would afford him a chance to participate in the growth of account wagering, which he said is of utmost importance to the pari-mutuel industry.
Lonny Powell, president of the Association of Racing Commissioners International, will leave the post Feb. 1, 2005, to take a job with Youbet.com as vice president of public affairs. He also will oversee the online wagering company's activities in the central region of the United States.The announcement was made after an RCI meeting Dec. 9 in Tucson, Ariz. Powell said he would remain available to RCI, assist with a search for his replacement, and help plan the organization's annual meeting in April in Lexington.Powell said he would continue to live in Lexington. He called Youbet.com a "growing lean and mean company where everybody pitches in." He said he would handle issues related to regulators, legislators, and national industry associations. In the central part of the country, he will develop business opportunities to benefit Youbet.com partners.