|
|
Article: Youbet.com Reports Results for the Three and Six-Month Periods Ended June 30, 2009.
- Article from:
- Business Wire
- Article date:
- August 12, 2009
CopyrightCOPYRIGHT 2009 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Company Progresses Despite Economic Headwinds
Second Quarter 2009 Highlights
* Second quarter 2009 Youbet Express handle increased $14.7 million, or 13%, over the prior-year period
* Second quarter 2009 revenue increased 3% to $30.2 million, an improvement of $0.9 million over the prior-year period
* Second quarter 2009 Youbet Express EBITDA from continuing operations1 increased 2% year-over-year to $3.1 million
* Average number of weekly unique wagerers increased 7% year-over-year
* Average handle per unique weekly wagerer increased 5% year-over-year