Thursday, May 7, 2009

YouBet.com Runs Ad on ESPN

ESPN Runs Online Gambling Horse Racing Ad

Other online gambling Web sites continue to be stifled under UIGEA

By Nadav S | May 07, 2009

Althoughthe terms of the 2006 Unlawful Internet Gambling Enforcement Act meanyou won't see advertisements for online gambling sites in the US, horseracing betting sites are still getting a free ride if a recent ad onESPN is any indication.

Youbet.com, a US-owned, based andlicensed operation, has been running ads recently on the US's mostpopular sports television channel and Website.

Placing ads onthe Connecticut-based cable television network exposes the Website tomillions of people, including minors, a right seemingly deprived toother online gambling sites.

This particular ad tells viewers to "sign up and get your first $25 free!" before jumping to the slogan "Youbet.com! You in?"

The advertisement includes a link to the Website as well a phone number to call to place bets.

Youbet.comis only open to legal residents of the US living in 13 specific stateslisted on its Website. The states include Nevada, New Jersey andArizona.

According to its Website, Youbet.com Inc. is a publiclytraded company (NASDAQ: UBET) that is US based, US licensed and in fullcompliance with all applicable state and federal laws.

It accepts wagers around-the-clock on races from over 150 racetracks in the United States and abroad.


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