LOS ANGELES -- A week after introducing the You Bet Network to the public, You Bet!, Inc. (OTC BB: UBET) has reached an agreement with Evangeline Downs to offer interactive online wagering and to broadcast thoroughbred horseracing to members of the You Bet Network.
"We are very excited to be part of this cutting edge technology, which will provide us an unlimited potential for customer growth," said Evangeline Downs Vice President/Director of Racing & Simulcast, Charles B. Ashy, Jr. "From what I have learned through our recent association, the future looks bright for You Bet and we are proud to be associated with such a forward thinking company."
"As a Louisiana resident and a fan of Evangeline Downs, I am particularly proud of this association," added Steve Molnar, executive vice president of racing relations. "Our customers will love their full fields evening time slot. They have a proud history and tradition that includes the first stakes victory by John Henry in 1977."
You Bet is building an impressive stable of partners, to create a rich 24- hour online racing entertainment network. Since You Bet launched its service in February 1998, races have been broadcast from Oaklawn Park (AR), Fair Grounds (LA), Sportsman's Park (IL), Hialeah Park (FL), Golden Gate Fields (CA), Detroit Race Course (MI), Rockingham Park (NH), The Meadowlands (NJ), Monmouth Park (NJ), and Ladbroke at the Meadows (PA). You Bet will offer live racing from Evangeline Downs (LA) beginning June 25.
You Bet provides members the ability to watch and wager on a wide selection of coast-to-coast thoroughbred and standard-bred horseracing, via its exclusive closed-loop system network. Members have total access to the network's features, including live audio/video, up-to-the minute track information, real-time wagering information, and value-added handicapping products. It is offering free charter membership through August, to horse players from participating states across the country.
Evangeline Downs, Cajun Country's Birthplace of Legends for 33 years, offers live thoroughbred racing from April 18 to September 7 in 1998 and year-round simulcast racing. In November 1988, Evangeline Downs became part of Louisiana racing history by being the sole recipient of the first inter-track wagering signal in the state, simulcasting races from the New Orleans Fair Grounds. For additional information visit http://www.evangelinedowns.com or contact Charles Ashy, Jr. at 318-896-RACE.
You Bet!, Inc. is a Los Angeles-based interactive technology company that facilitates live events and is focused on content development, network deployment, and management services via a cross-platform environment. You Bet developed and deployed the first PC-based wagering platform and transaction processing software. For further information, visit the company's website at http://www.youbet.com or contact Virginia Rodriguez at (310) 444-3300.