Youbet.com Reaches Deal With Magna Entertainment
By Andrew
Online account-wagering company, Youbet.com, has reached an agreement with Magna Entertainment Corp. to simulcast races from all of Magna's tracks during 2006. Youbet's customers can now watch and wager on races from Magna-owned tracks, which include Santa Anita, Gulfstream Park, Laurel Park, Pimlico, Golden Gate Fields, and Lone Star Park.

The agreement was reached Friday and took effect Monday with the start of the Santa Anita meeting. Financial terms were not disclosed.

The agreement marks the second straight year that Magna has opened its content to account wagering providers outside of its own XpressBet Platform. In 2004, Magna restricted access of its signals, which lead to some bettors boycotting Magna's product.

 
 
 
 
 
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