D. Wayne Lukas Becomes Spokesman for Youbet.com.WOODLAND HILLS, Calif. -- D. Wayne Lukas Darrell Wayne Lukas (born September 2, 1935 in Antigo, Wisconsin) is a former educator who became one of the most successful horse trainers in American Thoroughbred horse racing history and a U.S. Racing Hall of Fame inductee. , a Hall of Fame thoroughbred trainer who has won a record 17 Breeders Cup races in his career, has signed on as a spokesman and endorser of Youbet.com, effective today. Lukas will endorse Youbet.com (Nasdaq:UBET) and his image and likeness will be used in Youbet.com advertisements through the fall of 2005. Perennially a trainer of top competitors on the Triple Crown and Breeders Cup trails, Lukas competes at all the leading tracks in America. His 36+ year career has been highlighted by 19 Eclipse Award champions, the winners of 3 Kentucky Derbies among 13 total triple crown wins, and hundreds of graded stakes across the US. Lukas's trainees have earned in excess of $200 million. Lukas has pre-entered 2002 Horse of the Year Azeri for owner Michael Paulson in two Breeders Cup World Thoroughbred Championships races this week at Lone Star Park Lone Star Park is a horse racing track located in Grand Prairie, Texas. History Lone Star Park opened in 1997. The track offers separate meets for Thoroughbred racing and Quarter Horse racing. In October of 2002, Magna Entertainment Corp. in Grand Prairie Grand Prairie, city (1990 pop. 99,616), Dallas and Tarrant counties, N Tex., halfway between Dallas and Fort Worth; inc. 1909. Located in a highly urbanized and rapidly growing area, the city's boom caused its population to double between 1970 and 1990. , in search of yet another achievement. Azeri, a 6 year old mare, may contest the Classic division in which she will race against males. The Breeders Cup Classic is the richest race in the US and has year-end championship implications. The YB endorsement will capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. Lukas' high profile among racing fans to heighten awareness of Youbet.com. Lukas will, where appropriate, wear a Youbet.com cap and/or jacket and will provide his stable employees with Youbet apparel. Lukas will also speak at events and functions arranged by Youbet.com. "D. Wayne Lukas is known inside and outside the racing world as a master horseman, consummate competitor and a world-class manager of horses and people. His accomplishments in the horse racing horse racing, trials of speed involving two or more horses. It includes races among harnessed horses with one of two particular gaits, among saddled Thoroughbreds (or, less frequently, quarterhorses) on a flat track, or among saddled horses over a turf course with industry are unparalleled and Youbet.com is honored to be associated with such an icon of the sport," commented Charles F. Champion, Chairman and Chief Executive Officer of Youbet.com. Lukas added, "Youbet represents the future of our business and I'm looking forward to talking to Noun 1. talking to - a lengthy rebuke; "a good lecture was my father's idea of discipline"; "the teacher gave him a talking to" lecture, speech rebuke, reprehension, reprimand, reproof, reproval - an act or expression of criticism and censure; "he had to people about what Youbet brings to racing fans, owners and tracks. They have a top-notch management team and have proven their ability to maximize and manage the account wagering segment of our business." Youbet.com is the largest Internet provider Internet provider - Internet Service Provider of thoroughbred, quarter horse and harness racing harness racing: see horse racing. harness racing Horse-racing sport. In harness racing, Standardbred horses are harnessed to lightweight, two-wheeled, bodiless (seat-only) vehicles known as sulkies. The sport's origins date to ancient chariot races. content in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. as measured by handle data published by the Oregon Racing Commission. Members have the ability to watch and, in most states, the ability to wager on the widest variety of horse racing content available via Youbet.com's website. Youbet.com members enjoy features that include commingled track pools, live audio/video, race replays, up-to-the-minute track information, real-time wagering information, phone wagering and value-added handicapping products. Youbet.com is an official online wagering platform of Churchill Downs Incorporated Churchill Downs Incorporated (NASDAQ: CHDN) is the parent company of Churchill Downs. The company owns several other thoroughbred and standardbred racetracks. History and the Kentucky Derby. 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. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. This press release contains certain forward-looking statements. Statements containing expressions such as "may," "will," "project," "might," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," potential," "continue" or "pursue," or the negative or other variations thereof or comparable terminology used in Youbet's press releases and in its reports filed with the Securities and Exchange Commission are intended to identify forward-looking statements. These forward-looking statements, which are included in accordance with the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995, may involve known and unknown risks, uncertainties and other factors that may cause Youbet's actual results and performance in future periods to be materially different from any future results or performance suggested by the forward-looking statements in this press release. Although Youbet believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that actual results will not differ materially from these expectations. From time to time, these risks, uncertainties and other factors are discussed in the Company's filings with the Securities and Exchange Commission. Such factors include, without limitation, the following: the timely development and market acceptance of new products and technologies; our ability to secure financing on terms acceptable to us; our ability to control operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. ; increased competition in the advance deposit wagering business; a decline in the public acceptance of wagering; wagering ceasing to be approved in jurisdictions where Youbet currently operates; the limitation, conditioning or suspension of any of Youbet's licenses; increases in or new taxes imposed on wagering revenues; loss or retirement of key executives; and a decline in the general economy. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Youbet does not undertake, and specifically disclaims any obligation, to publicly release the result of any revisions that may be made to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. Note: You Bet is a registered trademark of Youbet.com, Inc. All other brands and products referenced herein are the trademarks or registered trademarks of their respective holders. To open an account, please visit www.Youbet.com or call Member Services toll free at 1-888-YOUBET8 (968-2388). Copyright (C)2004 Youbet.com, Inc. All rights reserved. You Bet is a registered trademark of Youbet.com, Inc. |
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