Keyword: federal investigation

  • Youbet: 2007 Loss Now $28.4 Million

    Youbet.com has restated its earnings for 2007 due to a recalculation of an earn-out payment to the former owners of defunct subsidiary International Racing Group, increasing its annual loss for the year to $28.4 million.

  • International Racing Group is contesting a decision by the Oregon Racing Commission to suspend its state operating license.

    IRG Contests Oregon Suspension

    International Racing Group has contested a decision by the Oregon Racing Commission to suspend its state operating license, and will continue to conduct business through its hub pending an administrative law hearing.