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YOUBET.COM JOINS NTRA


June 25, 2004     E-mail this page to a friend!

Contact: Eric Wing
Youbet.com, Inc. (Nasdaq: UBET), the leading online horserace wagering company in the U.S., has joined the National Thoroughbred Racing Association (NTRA) as a special member, the NTRA announced June 25.

“We welcome Youbet.com as an NTRA member and we anticipate a mutually beneficial partnership as we work to grow interest and participation in Thoroughbred racing,” said Tim Smith, Commissioner and CEO of the NTRA.

By joining the NTRA, Youbet.com will gain access to several NTRA programs, including use of NTRA advertising and official marks; participation in NTRA consumer promotions such as the DRF/NTRA National Handicapping Championship; fan education on ntra.com and others.

“We believe that the Internet – and Internet-based account wagering service providers such as Youbet – playa significant role in the future popularity of horseracing and are pleased to be joining the NTRA at such a positive time for Thoroughbred racing,” said Charles Champion, Youbet.com’s Chairman and Chief Executive Officer. “We look forward to working with the NTRA on legislative, regulatory and political initiatives that will benefit our track partners and horsemen. We will also be working together on new joint marketing programs to raise overall public awareness of the thrills of horseracing and the excitement of parimutuel wagering.”

Youbet.com, a leading technology provider to the racing industry, will share with the NTRA its experience and expertise in one-to-one and relationship marketing to further promote the sport of horseracing on a national level.

In addition, Youbet.com will work with the NTRA on various legislative and regulatory programs in state and federal jurisdictions.

Youbet.com is the largest Internet provider of thoroughbred, quarter horse and harness horse racing content in the United States as measured by handle data published by the Oregon Racing Commission. Youbet.com has long-term agreements with the leading tracks in the U.S. and its members have the ability to wager on the widest variety of horse racing content available via Youbet.com’s website.

 Youbet.com is an official online wagering platform of Churchill Downs Incorporated and the Kentucky Derby. Youbet.com operates Youbet.com TotalAccessTM, an Oregon-based hub for the acceptance and placement of wagers.  More information on Youbet.com can be found at www.Youbet.com.

 The NTRA is a broad-based coalition of horseracing interests, including the American Quarter Horse Association, charged with increasing popularity of horseracing and improving economic conditions for industry participants. The NTRA and Breeders’ Cup Limited also conduct the Breeders’ Cup World Thoroughbred Championships, Thoroughbred racing’s year-end Championships consisting of eight races and $14 million in purses and awards and the Breeders’ Cup Stakes Program. The NTRA has offices in Lexington, Ky., and New York City. NTRA press releases appear on the NTRA Web site, ntra.com.