![]() Newsletter Signup
Stay informed with the
NEW Casino City Times newsletter! |
Gaming News
Youbet.com Sets New Single Day Record7 May 2002LOS ANGELES--(Press Release)-- Youbet.com, Inc. (Nasdaq:UBET), the leading online live event and wagering company, today announced a record breaking week. In addition, single day handle the day of the Kentucky Derby Saturday May 4, 2002 was over $1 million, with a record breaking 2,000 plus new sign ups in the 48 hours preceding the race. "This weekend was cause for celebration at Youbet.com as we surpassed our own internal records in a number of areas," said David Marshall, CEO of Youbet.com. "Our co-marketing association with Churchill Downs Incorporated as an official online wagering platform for the Kentucky Derby brought tremendous visibility for our brand and network around the country, as well as valuable on-track exposure to fans witnessing the Derby live. We appreciate the contributions of our pre-existing customers, new Network members and industry partners to our success over the weekend, and are pleased with Youbet's momentum leading into the next six months of top racing content. Our employees were especially diligent in servicing unprecedented volumes of activity. "We were prepared for the increased volume of wagering activity and our network accommodated the peak in online mass without any interruption of service. Additionally, we broke our past performance for number of network users online simultaneously. Once again, demonstrating a clear example of our network stability and service excellence." Youbet.com's prior single day record was set May 19, 2001 the day of the Preakness stakes race. The largest handle recorded in a week was originally set during the 2001 Preakness week, but was broken April 20-27, 2002. Marshall continued, "Now, we are looking forward to the Preakness Stakes and Belmont Stakes to round out the Triple Crown and what will surely be a record-setting month for Youbet.com." |