Article: Youbet.com to Offer Virtual Horse Racing Online; Agreement with UK's VIS iTV Brings Popular I-Race Game to U.S. Market.

Entertainment Editors/Business Editors

WOODLAND HILLS, Calif.--(BUSINESS WIRE)--June 15, 2004

Youbet.com, Inc. (Nasdaq:UBET) said today that it has signed a multiyear agreement with VIS iTV to become the U.S. platform for the launch of I-Race(TM), the Scottish company's highly popular virtual horse management and race entry game. With I-Race(TM), Youbet fans will be able to own, train and race a stable of virtual horses.

The new game will be available at Youbet.com beginning in the first quarter of 2005. Wagering on the races will not be part of the initial offering.

According to CEO Charles F. Champion, the I-Race(TM) agreement is in ...

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