``And They're Off!'' Youbet Opens The NASDAQ Stock Market on Eve of Belmont Stakes.WOODLAND HILLS, Calif. -- Youbet.com, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :UBET), the market share leader in advanced deposit pari-mutuel wagering and the largest provider of Internet horse racing content in the U.S., rang the opening bell for The NASDAQ Stock Market Nasdaq stock market The first electronic stock market listing over 5000 companies. The Nasdaq stock market comprises two separate markets, namely the Nasdaq National Market, which trades large, active securities and the Nasdaq Smallcap Market that trades emerging growth companies. today. The event coincided with this weekend's 137th running of the Belmont Stakes, the third leg of horse racing's storied Triple Crown to be staged at Belmont Park race track in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Youbet CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Charles F. Champion did the opening honors at 9:30 a.m. EDT EDT abbr. Eastern Daylight Time EDT Eastern Daylight Time EDT n abbr (US) (= Eastern Daylight Time) → hora de verano de Nueva York EDT in front of a live national TV audience. The opening also was webcast on NASDAQ's website and on the NASDAQ Tower in New York City's Times Square. In his pre-opening remarks, Champion acknowledged the role played by NASDAQ listed companies in developing technologies that Youbet has refined to serve its growing customer base. "Those technologies give our players access to 60,000 hours of live racing video each week and have made it possible for players to place more than $750 million in wagers since 2002." Champion also said it was fitting that the oldest and longest leg of the Triple Crown was being contested for the 137th time in New York, "the nation's ever-vibrant symbol of commercial endurance." About Youbet.com, Inc. At Youbet.com's website members can watch and, in most states, wager on thoroughbred, quarter horse and harness races staged at more than 150 tracks. Members enjoy features that include commingled track pools, live audio/video, up-to-the-minute track information, real-time wagering information, phone wagering, race replays, simultaneous multi-race viewing and value-added handicapping products. Youbet.com is the horse race video source for ESPN ESPN Entertainment and Sports Programming Network .com's patented ESPN Motion. The company is also the exclusive provider of horse racing content for CBS (Cell Broadcast Service) See cell broadcast. SportsLine.com. Youbet.com operates TotalAccess(SM), an Oregon-based hub for the acceptance and placement of wagers. More information on Youbet.com can be found at www.youbet.com. |
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