BUSINESS

Churchill Downs’ acquisition of YouBet.com approved

TAGs: Churchill Downs, youbet acquisition approved

QuestionMarkSo Youbet.com shareholders have apparently voted 98% in favor of the company being acquired by Kentucky-based Churchill Downs, despite the fact that Kentucky state attorneys (those staunch defenders of mom, apple pie and all things wise and wonderful) will immediately be swooping down with warrants and subpoenas and… What? They’re not taking any action against this particular online betting site? Why not? No, seriously… WHY NOT? Read more.

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