YOUBET.COM AND TVG FORM STRATEGIC RELATIONSHIP

Auto Channel -- Robert Gordon, Co-Publisher

ON THE SCENE PROCUTIONS PRESENTS A VIDEO HIGHLIGHTS PACKAGE

………AND THEY’RE OFF!

YOUBET.COM AND TVG FORM 
STRATEGIC RELATIONSHIP 

Leading Online Live Event and Wagering Company 
Establishes Track Content and License Agreement With 
24-Hour Interactive Horse Racing Network

Monday, May 21, 2001
4:30 AM – 4:45 AM ET & 10:00 AM –10:15 AM ET
TELSTAR 6 / TRANSPONDER 11 C-BAND
DL Freq: 3920 V;  Audio: 6.2/6.8

Youbet.com, Inc. , the leading online live event and wagering 
company for the horse racing industry, today announced the formation of a 
strategic relationship with TVG, an agreement that substantially widens 
Youbet.com’s market penetration and opportunities for growth. Youbet Network 
subscribers will now have online wagering accessibility to virtually all of the 
industry’s premier racetrack content.

TVG is the 24-hour interactive horse racing network available nationwide on 
cable and satellite systems with exclusive simulcast and interactive wagering 
rights to live racing from leading racetracks in the U.S.  The agreement gives 
Youbet.com a non-exclusive license to utilize TVG’s patented wagering technology
and a non-exclusive right to video stream and accept online pari-mutuel wagers 
on horse racing from virtually all of TVG’s exclusive partner racetracks.  
Youbet.com will make these tracks available to Youbet Network subscribers 
concurrent with the Company’s operation of a new Oregon-based hub for the 
acceptance and placement of wagers, expected to commence within the next several
months.  

Youbet.com and TVG have agreed to cross-promote the Youbet and TVG brands.  
Additionally, upon exercise of the warrants, TVG will have the right to be 
represented with substantially proportional membership on Youbet.com’s Board of 
Directors. 

Youbet.com has received approval by the Oregon Racing Commission for a 
Multi-Jurisdictional license to operate a licensed online pari-mutuel wagering 
facility located in Oregon.  Presently, TVG partners with NTRA Services, LLC, a 
for-profit subsidiary of the National Thoroughbred Racing Association (“NTRA”), 
the “league office” and central marketing organization for thoroughbred horse 
racing in the U.S., to operate an Oregon-based hub for the acceptance and 
placement of wagers at TVG partner racetracks.


Highlights:
·	Substantially Widens Youbet.com’s Market Penetration with Online Access 
to Additional 45% of Industry’s Total Handle 
·	Expands Youbet Network to Virtually all of the Industry’s Premier 
Racetrack Content
·	Positions Youbet.com as Industry Leader for Both Technology and Content
·	Youbet and TVG to Cross-License and Promote Technologies and Services
·	Youbet.com Receives Licensing Approval to Operate Oregon-based Hub  


For more information, please contact Pearson Brown at 323-930-5837 or 
pbrown@onthescene.com.

Online Newsroom, Additional Information:
http://wrtsun03.wrtech.com/secure/plsql/pr201v2?coin=3204

From: ON THE SCENE PRODUCTIONS, INC.
Web Site: http://www.onthescene.com
Reply: mailto:PBROWN@onthescene.com
Telephone: 323-930-5837

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