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Record bets.


Woodland Hills-based Youbet.com Inc. said that the company and its International Racing Group and United Tote subsidiaries shattered shat·ter  
v. shat·tered, shat·ter·ing, shat·ters

v.tr.
1. To cause to break or burst suddenly into pieces, as with a violent blow.

2.
a.
 all previous records for betting volume on May 6, the day Barbaro streaked to victory in the 132nd Kentucky Derby Kentucky Derby

One of the classic U.S. Thoroughbred horse races. It was established in 1875 and run annually on the first Saturday in May at Churchill Downs track in Louisville, Ky. With the Preakness and the Belmont Stakes, it makes up U.S. racing's coveted Triple Crown.
 at Churchill Downs Churchill Downs, Ky.: see Louisville. .

United Tote processed a record $175 million in wagers WAGERS. A wager is a bet a contract by which two parties or more agree that a certain sum of money, or other thing, shall be paid or delivered to one of them, on the happening or not happening of an uncertain event.
     2. The law does not prohibit all wagers.
 for the full day's race card at Churchill Downs, while International Racing Group handled $4.3 million in live operator assisted wagers on race day.

The company said its marketing initiatives this year enabled the company to sign up more than 6,000 new customers in the two days leading up to the Derby.
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Title Annotation:NEWS ROUNDUP
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1USA
Date:May 15, 2006
Words:105
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