The first segment,, enables people to wager remotely on horse racing at 150-plus worldwide tracks. Youbet’s business is divided into two segments for accounting purposes. Youbet’s totalizator subsidiary is United Tote Company, which it acquired in 2006. The network was America’s first online interactive horse-racing service. Youbet Express is a leading online advance deposit wagering (‘ADW’) company focused on horse racing primarily in the United States.” It describes itself as “a diversified provider of technology and pari-mutuel horse-racing content for consumers through Internet and telephone platforms, and a leading supplier of totalizator systems, terminals, and other pari-mutuel wagering services and systems to the pari-mutuel industry. The Company was founded in 1987 and went public in 1995. is headquartered in Woodland Hills, California, and is traded on the Nasdaq Small-Cap Market under the symbol UBET.
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