Online Growth Leads Youbet to Q1 Profit, Buoyed by strong growth from the company's Youbet Express online wagering service

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Online Growth Leads Youbet to Q1 Profit

Youbet.com, the U.S horse racing content and wagering provider, said Wednesday that total revenues amounted to US$28.4 million for the first quarter ended March 31st 2009, a 16% increase on the corresponding period last year.

Buoyed by strong growth from the company's Youbet Express online wagering service, the revenue growth helped the company to a net income of $1.2 million for the quarter compared to $0.8 million last year.


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 Online Growth Leads Youbet to Q1 Profit

 Buoyed by strong growth from the company's Youbet Express online wagering service






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