Churchill Downs Inc. Will Buy Online Wagering Site

by: The Associated Press
Churchill Downs Inc. has agreed to buy online wagering site Youbet.com Inc. for $126.8 million. The companies said in a statement Wednesday (Nov. 11) that they expect the percentage of wagering that's done online to grow, citing recent trends toward online transactions in other industries. The statement says recent statistics show less than 14% of thoroughbred wagering in th ...


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