Youbet.com (UBET)

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Boyd Gaming Signs Deal With Youbet.com
Tuesday March 20, 4:30 pm ET
Boyd Gaming Climbs on Youbet.com Promotion Pact


NEW YORK (AP) -- Shares of Boyd Gaming Corp. rose Tuesday after a subsidiary signed a deal with to allow betting through Youbet.com Inc.
Wagering site Youbet will feature races and allow online advance deposit wagering for Boyd's Delta Downs Racetrack and Casino in Louisiana. Delta Downs will promote Youbet with signs, and print, online and television advertising. Youbet will also offer prizes to Delta Downs customers.

Woodland Hills, Calif.-based Youbet says it has almost 200,000 subscribers, who wagered a total $463 million in 2006.

Shares of Las Vegas-based Boyd jumped $2.54, or 5.7 percent, to close at $47.15 on the New York Stock Exchange.

Youbet shares closed down a penny at $2.53 on the Nasdaq Stock Market.