Churchill Downs Inc. has reached an agreement to acquire advance-deposit wagering company Youbet.comInc. Financial terms of the agreement have not been disclosed. Louisville-based Churchill Downs (NASDAQ: CHDN) has scheduled a conference call for …
Read Original Story: Churchill in deal to acquire Youbet.com – Louisville Business First
by MHB “”"The Company’s Online Business continued to grow rapidly. Handle wagered through TwinSpires.com during the third quarter of 2009 increased 43 percent over the third quarter of 2008. The growth was driven by access to new racing content that …
Read Original Story: The Hypocrisy of the Kentucky Gambling Domain Seizure Hits A New Note … – TheDomains.com (blog)
WASHINGTON — Churchill Downs Inc., owner of the horse racing track which hosts the famed Kentucky Derby, announced it has agreed to acquireonline betting website YouBet.com. The Louisville, Kentucky-based Churchill Downs said it was acquiring all of …
Read Original Story: Churchill Downs buying YouBet.com – AFP
Louisville, Ky. – Churchill Downs Incorporated, whose holdings including the Kentucky Derby horse race and other race tracks, announced on Thursday a $126.8 million bid to acquireonline gambling site Youbet.com. Among other services, Youbet provides …
Read Original Story: Churchill Downs Bids $126.8 Million for Youbet.com – Digital Media Wire
Churchill Downs Incorporated (NASDAQ:CHDN) announced today that Churchill Downs Incorporated and Youbet.comIncorporated have entered into a definitive merger agreement, and will host a related conference call to discuss the merger on Thursday, Nov. …
Read Original Story: Churchill Downs Incorporated to Acquire Youbet.com Inc. Conference Call … – WELT ONLINE
(RTTNews) – Wednesday, horse racing venue operator Churchill Downs Inc. (CHDN: News ) and Youbet.com, Inc. (UBET), an online horse racing and horse betting site provider, announced they have entered into a definitive merger agreement under which …
Read Original Story: Churchill Downs To Acquire Youbet.com For About $126.8 Mln – Update – RTT News
Churchill Downs Inc. (CDI), home of the Kentucky Derby, has agreed to buyonline horse wagering firm Youbet.com in a cash-and- stock deal valued at $126.8 million. The deal would give Churchill Downs over $700 million worth of the $1.4 …
Read Original Story: Churchill Downs Buys Youbet.com For $126 Million – WebProNews (blog)
LOUISVILLE, Ky. — Churchill Downs Inc., owner of the racetrack where the Kentucky Derby is held, said Wednesday it will buy the Youbet horse betting Web site for about $126.8 million. Youbet shareholders would get 0.0598 shares of Churchill Downs stock …
Read Original Story: Churchill Downs to buy Youbet Web site – The Associated Press
For all of the reasons detailed in our prior posts, we didn’t expect to see a near-term sale to Churchill Downs (CHDN). That said, yb’s results came up short versus our expectations with the economy and other risk factors somewhat derailing our thesis. …
Read Original Story: Youbet Waves White Flag and Surrenders to Churchill Downs – Seeking Alpha (blog)
Online wagering firm Youbet.com will be acquired by Churchill Downs Inc. in a deal worth $126.8 million. Consolidating the two companies is expected to bring a $10 million savings through elimination of duplicate costs of operating two public companies …
Read Original Story: Youbet In Acquisition Deal with Churchill Downs Inc. – San Fernando Valley Business Journal
