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International Racing acquisition.


Woodland Hills-based online wagering wa·ger  
n.
1.
a. An agreement under which each bettor pledges a certain amount to the other depending on the outcome of an unsettled matter.

b. A matter bet on; a gamble.

2.
 company, Youbet.com, Inc. has completed the acquisition of the International Racing Group, a privately-held wagering company based in Curacao, Netherlands Antilles Netherlands Antilles, island group, an autonomous part of the Netherlands (2005 est. pop. 220,000), 371 sq mi (961 sq km), West Indies. Formerly known as the Dutch West Indies and Netherlands West Indies, they are divided into two groups. , and an affiliated company, It's All Good Buddy, Inc., a Nevada corporation A Nevada Corporation is a corporation chartered under the laws of the U.S. state of Nevada.

Nevada, like the state of Delaware (See Delaware corporation), is well known as a corporate haven.
, for $3 million in cash and stock.
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Title Annotation:Valley Briefs; Youbet.com Inc. acquires International Racing Group
Publication:San Fernando Valley Business Journal
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 6, 2005
Words:45
Previous Article:Marketing prize.(Valley Briefs)(Brief Article)
Next Article:Pressing to keep transportation funds.(Valley Briefs)(transportation policy)(Brief Article)
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