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Re: None

Monday, 08/14/2006 12:59:07 PM

Monday, August 14, 2006 12:59:07 PM

Post# of 275592
UBET closing in on double bottom but....

some upcoming arbitration that may go against them and then this from their last q....

"While we expect Youbet handle to grow on a year-over-year basis, we have recently experienced a decline in wagering volume from several of our highest wagering class customers. We believe a significant portion of this decline is attributable to an industry-wide trend whereby high-volume track, off-track and ADW customers are being aggressively recruited by illegal off-shore bookmaking entities that do not pay host track fees and, therefore, offer higher rebates and a broader number of gaming opportunities than domestically-licensed ADW providers."

think i'll wait.

all things multiply to the point of starvation.
(--Budge--)

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