I'd love to read more about this. Youbet is very good at what they do. It really surprised me when I heard they wanted into the casino business. As for stock, I know nothing--but would definately think the implications are mostly positive.
Even the suits in Las Vegas--must know that one day internet wagering will be "the coming thing" in the US. As the population ages and we see fewer Jerry Fallwells etc it will happen. I can't predict when. But it will simply be a business decision. Our greatest ally in the world the UK has it.
Youbet is learning and I think the first in the US to offer online horse wagering years ago.