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Created: 01/28/2005 01:11:51 PM - Followers: 5 - Board type: Free - Posts Today: 0
Youbet.com - You in?
Youbet.com Inc.
5901 De Soto Avenue
Woodland Hills, CA 91367
  Phone: 818-668-2100
Fax: 818-668-2101
http://www.youbet.com

Overview

We are a diversified provider of technology and pari-mutuel horse racing content for consumers through the Internet and a leading supplier of totalizator systems, terminals and other pari-mutuel wagering services and systems to the pari-mutuel industry. Youbet Express is a leading online advance deposit wagering (ADW) company focused on horse racing primarily in the United States.
Our website, www.youbet.com, enables our customers to securely wager on horse races at over 150 racetracks worldwide from the convenience of their homes or other locations. Our customers receive the same odds and expected payouts they would receive if they were wagering directly at the host track and their wagers are commingled with the host track betting pools.
We appeal to both new and experienced handicappers by providing a user-friendly “one-stop-shop” experience. To place a wager, customers open an account and deposit funds with us via several convenient options, including our ExpressCash system, which links our customers’ wagering accounts directly to their personal checking accounts. To enable our customers to make informed wagers, we provide 24-hour access to up-to-the minute track information, real-time odds and value-added handicapping products, such as Turf day Super Stats, a comprehensive database of racing statistics and a grading system to assess trainers, jockeys and horses. Our customers can view high-quality, live audio/video broadcasts of races as well as replays of a horse’s past races. Our convenient automated services are complemented by our player service agents, who are available 15 hours a day, seven days a week to provide technical support and address any wagering or funding questions.
Our content partners provide us the same live satellite feeds that they normally broadcast at the track and to off-track betting facilities (OTBs). As a result, our partners have the opportunity to increase the total handle wagered on their racing signal, which we believe leads to higher revenues for the host track and a higher quality of racing through larger purses for the horse owners. In return, we receive a commission, or a percentage, of wagers processed by Youbet Express.
We acquired United Tote Company in February 2006. United Tote is a leading supplier of totalizator systems (equipment and technology that processes wagers and payouts) and supplies pari-mutuel tote services to approximately 100 racing facilities in North America and additional facilities in a number of foreign markets. As result of this acquisition, we operate two business segments for financial accounting purposes: ADW and totalizator systems.
The Company’s credit facility consists of a $5.0 million revolving line of credit and a $10.0 million term loan. The revolving line of credit requires monthly interest payments and the outstanding principal, if any, is due at maturity. The principal of the term loan is to be repaid in equal monthly installments ($1.25 million quarterly) plus interest, and payments commenced on December 31, 2008.
Any indebtedness under the term loan and the revolving credit facility bears interest at a variable rate equal to either, at the Company’s discretion, prime plus 200 to 250 basis points or LIBOR plus 325 to 375 basis points. The applicable basis point margin is determined by the Company’s leverage ratio as at the most recently delivered calculation thereof pursuant to provisions of the loan and security agreement. Any interest accruing on the basis of the prime rate is due and payable on the first business day of each month. Any interest accruing on the basis of LIBOR is due and payable on the date upon which such LIBOR loan ends as determined by us. LIBOR loans may have a one, two or three month term. At June 30, 2009, the interest rate on the term loan was 5.75% per annum.

Management and Contact Information

David Goldberg David Goldberg
President & Chief Executive Officer
Jeffrey Grosman Jeffrey Grosman
Chief Marketing Officer
Dan Perini Dan Perini
General Counsel & Secretary
Jeff True Jeff True
President of United Tote

Transfer Agent:
American Stock Transfer and Trust
40 Wall Street
New York, NY 10005
Phone: (718) 921-8261

Investor Relations:
Courtney Brooks
Integrated Corporate Relations
450 Post Road East
Westport, CT 06880
InvestorRelations@youbet.com
818-668-2156

 
Youbet.com® Contact Information:

Youbet.com®, Inc.
5901 De Soto Avenue
Woodland Hills, California 91367
Phone: (818) 668-2100
Fax: (818) 662-2101
Home Page: www.youbet.com
Email: playerservices@youbet.com

Stock and Chart Information

10Q: As of June 30, 2009, the issuer had approximately 41,500,970 shares of common stock, par value $0.001 per share, outstanding (net of treasury shares).




Weekly Five-Year Charts


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Total Trades:
  • 1D
  • 1M
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  • 6M
  • 1Y
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  • 5Y
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#51 Do you guys think this stock will ever trutothetank 11/01/2009 07:28:43 PM
#50 Ok, iBOX updated for whoever wishes to mod UBET. Soapy Bubbles 09/07/2009 12:04:47 PM
#49 FINVIZ ONE STOP DD Soapy Bubbles 09/06/2009 01:44:44 AM
#48 Will be watching it this week. Soapy Bubbles 09/06/2009 12:33:56 AM
#47 Exited today -- great money. Keep it on Soapy Bubbles 09/04/2009 04:39:26 PM
#46 So far, so good. ISEG is trying to Soapy Bubbles 09/04/2009 01:40:21 PM
#45 Jumped in... let's see what the betting man gets. Soapy Bubbles 09/03/2009 07:56:23 PM
#44 Potential Entry: UBET Soapy Bubbles 09/02/2009 12:14:13 AM
#43 Consolidating to the $1.10? analogdog 06/15/2008 04:44:01 PM
#42 UBET moving again. analogdog 06/06/2008 09:32:20 AM
#41 Insiders buying... see EDGAR.. analogdog 05/20/2008 11:35:11 PM
#40 Youbet.com Inc. $ 1.55 analogdog 05/19/2008 08:26:52 PM
#39 Institutional holdings changed today..... analogdog 05/19/2008 08:06:53 PM
#38 looks to retrace....... analogdog 05/15/2008 06:05:40 PM
#37 May have more..... need to DD more analogdog 05/14/2008 09:14:50 PM
#36 Held up strong today despite EOD dump. analogdog 05/14/2008 09:14:28 PM
#35 Maybe it will retrace. analogdog 05/14/2008 09:14:04 PM
#34 What's happening here? analogdog 05/14/2008 09:13:40 PM
#33 Lot's of insider buying in April TraderRick47 04/26/2008 09:43:35 AM
#32 time to buy? designerportfolio 11/08/2007 09:36:38 AM
#31 Volume low, but pps moving up significantly today. Minddoc7 10/03/2007 02:18:36 PM
#30 UBET doing well rooterjack 09/20/2007 01:20:49 PM
#29 Thursday, September 6th, 2007 expat7 09/05/2007 04:41:00 PM
#28 Looking for some follow through today! eom Minddoc7 05/22/2007 09:13:36 AM
#27 It would seem that an agreement between the Minddoc7 05/10/2007 09:11:55 AM
#26 Just bought more yesterday under 3 bucks.... CheezyTang 05/10/2007 09:02:04 AM
#25 New Star Analyst Rankings for YOUBET.COM out today after Minddoc7 05/09/2007 12:03:49 PM
#24 Unfortunately, this type of news will result in Minddoc7 05/07/2007 01:25:28 PM
#23 This NEWS update has got to help... Minddoc7 05/06/2007 06:13:44 PM
#22 Likely to add as more funds clear. IMO, Minddoc7 05/05/2007 12:51:55 PM
#21 good luck....i am in with you...eom CheezyTang 05/05/2007 07:30:20 AM
#20 UBET mentioned in today's article: Minddoc7 05/04/2007 01:50:03 PM
#19 Been watching for awhile and decided to take Minddoc7 05/04/2007 01:08:37 PM
#18 Youbet and Delta Downs Ink Co-Promotion Agreement CheezyTang 04/01/2007 12:09:27 AM
#17 Boyd Gaming Signs Deal With Youbet.com CheezyTang 04/01/2007 12:09:04 AM
#16 Youbet to Carry Philadelphia Park Year-Round Races CheezyTang 04/01/2007 12:07:55 AM
#15 i love this stock....but.... CheezyTang 02/18/2007 10:00:38 PM
#14 why no one on this board? LooieR 02/18/2007 07:57:03 PM
#13 Barbaro's fight comes to an end... CheezyTang 01/29/2007 02:16:34 PM
#12 Only horse bettors and gambling degenerates are allowed. nipsy1 08/10/2006 09:42:56 AM
#11 Agreement on which messsage board format is needed bornie65 07/20/2006 07:02:43 PM
#10 Yahoo refugee checking in and there may be microcaptain 07/17/2006 05:11:57 PM
#9 NEW YORK, June 15 (newratings.com) - Analyst Ryan mrktmaker 06/18/2006 02:54:33 PM
#8 Notes from Today's Meeting mrktmaker 06/16/2006 02:09:42 AM
#7 looks like the 4Q is going to miss mrktmaker 01/20/2006 11:42:27 AM
#6 lets get this board going!..eom CheezyTang 01/18/2006 11:36:14 PM
#5 Youbet.com Reports Third Quarter Diluted Earnings Per Share microcap 11/03/2005 04:13:56 PM
#4 International Racing Group Licensed by Oregon Racing Commission microcap 11/03/2005 04:12:53 PM
#3 Youbet.com Agrees to Acquire International Racing Group SpartanUBET 02/10/2005 03:19:47 PM
#2 Youbet.com Reaches $1.0 Billion in Wagers SpartanUBET 02/05/2005 02:52:00 AM
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