|Magna Entertainment Corp. a leading owner and operator of horse racetracks in the United States, and Youbet.com an online live event and wagering company, today announced that all MEC racetracks will be offered on Youbet.com's Total Access and MEC's Pennsylvania Wagering Services.|
Under the terms of the extension, wagering on MEC racetracks will now be available on Youbet.com's Total Access Wagering Service. MEC's racetracks include some of the most prestigious names in horseracing, including Santa Anita Park, Bay Meadows and Golden Gate Fields in California, Gulfstream Park in Florida, Lone Star Park at Grand Prairie in Texas, Pimlico Race Course (home of The Preakness) and Laurel Park in Maryland.
'We are pleased with the extended agreement with Youbet.com,' said Jim McAlpine, President and CEO of MEC. 'Home wagering continues to be the fastest-growing channel of distribution and revenue for our business. We continue to support both new and proven methods of distribution for our premium content, including our own account wagering service, XpressBet(TM).'
'Youbet.com is encouraged by the extension of our relationship with Magna Entertainment,' said Chuck Champion, CEO of Youbet.com. 'Online distribution of horse racing provides greater convenience to existing fans and exposes the sport to new fans. History shows that this translates into growth in handle and greater revenues for the industry.'
To open an account, visit http://www.youbet.com/ or call Member Services toll free at 1-888-YOUBET8 (968-2388).