Champion said that the day's performance was
another triumph for Youbet marketing.
For the week leading up to Derby day this year, deposits were up 18%
compared to the same week in 2004.
(Nasdaq: TCMI) today announced the appointment of George E. Nicholson was the
executive vice president and executive director of The Jockey Club and helped
form the National Thoroughbred Racing Association, serving as its first chief
operating officer.

steeplechasing horse

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restricted its non-California track signals, Youbet once again will
carry this year's Preakness Stakes. Members enjoy
features that include commingled track pools, live audio /video,
up-to-the-minute track information, real-time wagering information,
phone wagering, race replays, simultaneous multi-race viewing and
value-added handicapping products. Triple Crown Media ,
through its subsidiary, Host Communications, Inc. The Collegiate Management and Production
Services business provides sports marketing and production services to a
number of collegiate conferences and universities and, through a contract with
CBS Sports, on behalf of the National Collegiate Athletic Association.

quarter harness

Youbet said it handled approximately $4. That's attributable to the quality of our Internet and
telephone offerings as well as our ability to find and nurture new
customer relationships .

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Such factors include, without limitation, the following: the timely
development and market acceptance of new products and technologies;
our ability to secure financing on terms acceptable to us; our ability
to control operating expenses; increased competition in the advance
deposit wagering business; a decline in the public acceptance of
wagering; wagering ceasing to be approved in jurisdictions where
Youbet currently operates; the limitation, conditioning or suspension
of any of Youbet's licenses; increases in or new taxes imposed on
wagering revenues; loss or retirement of key executives; and a decline
in the general economy.

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(NASDAQ:UBET), a leading online wagering company and the largest
provider of Internet horse racing content in the United States, said
today that during this past Saturday's Kentucky Derby the company set
new records for daily handle and customer deposits. LEXINGTON, Ky.

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More information on Youbet.

Triple Crown Media owns and operates five daily newspapers with total
daily circulation of approximately 120,000 and Sunday circulation of
approximately 160,000, and is a leading provider of primarily paging and other
wireless services in non-major metropolitan areas in Alabama, Florida and
Georgia, where it also operates 14 retail locations.

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He noted that while Youbet's
Churchill Downs wagering level improved 19% over 2004, handle at the
Derby track from all sources this year was up only 9%. The second leg of the Triple Crown
will be run on Saturday , May 21 at Pimlico Race Course in Maryland, a
Magna track. These forward-looking statements, which are included in
accordance with the Safe Harbor provisions of the Private Securities
Litigation Reform Act of 1995, may involve known and unknown risks,
uncertainties and other factors that may cause Youbet's actual results
and performance in future periods to be materially different from any
future results or performance suggested by the forward-looking
statements in this press release .
Prior to becoming Keeneland's President in 2000, Mr.

thoroughbred organized

After a one-year hiatus during which Magna Entertainment Corp., Triple Crown Media, Inc.

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Youbet Sets Records for Kentucky Derby Handle and Advanced Deposits; Churchill Downs Handle Advances 19%; Deposits up 28%

"Our site is becoming a destination for people who get caught up
in the excitement of the Triple Crown and who want to participate in
the action even though they can't be there in person," he said. Youbet.

pari assist

The
day 's handle, which was the highest single-day total in the Company's
history, was 15% higher than on the same race day last year.com's website. "Nick" Nicholson
to the company's board of directors.

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com is the horse race video
source for ESPN.com can
be found at www.youbet.

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2 million in wagers on
Saturday, May 7 including the 131st running of the Kentucky Derby.6 million to Churchill Downs pari-mutuel
pools for the day, a 19% increase over the previous year.4
million in customer deposits on race day, 28% higher than last year.com

Forward-Looking Statements

This press release contains certain forward-looking statements. From time
to time, these risks, uncertainties and other factors are discussed in
the Company's filings with the Securities and Exchange Commission. For his many contributions to the industry, Nicholson
received the Lifetime Service Award from the Thoroughbred Owners and Breeders
Association, as well as The Jockey Club Gold Medal.

represents commissioners

associations horse

"
Champion said that the race day totals also were indicative of
Youbet's growing popularity among racing fans. Nicholson is President and CEO of
Keeneland Association, a thoroughbred race course and sales company located in
Lexington, KY.

harness welfare

agreements assist

Youbet.
Members can watch and, in most states, wager on the widest variety of
horse racing content available via Youbet.com's patented ESPN Motion.

commissioners mile

"More
than 98 % of our handle for the Derby came from markets 25 miles or
more from Churchill Downs.com.

thoroughbred racing

com is an
official online wagering platform of Churchill Downs Incorporated and
the Kentucky Derby. Youbet also carries the Belmont Stakes on Saturday, June
11.
Statements containing expressions such as "may," "will," "project,"
"might," "expect," "believe," "anticipate," "intend," "could,"
"would ," "estimate," potential," "continue" or "pursue," or the
negative or other variations thereof or comparable terminology used in
Youbet's press releases and in its reports filed with the Securities
and Exchange Commission are intended to identify forward-looking
statements.

welfare assist

"There is a natural lift in activity that helps everyone in the
industry because it is the Triple Crown season," Champion asserted,
"but we appear to be outpacing the industry in developing new sources
of handle. On Derby day, Youbet served more
than 9,200 concurrent users. Although Youbet believes the
expectations reflected in such forward-looking statements are based
upon reasonable assumptions , it can give no assurance that actual
results will not differ materially from these expectations .

horse commissioners

com really is the next best
thing to being there.com operates TotalAccess(SM), an Oregon-based hub for the
acceptance and placement of wagers. Readers are cautioned not to place undue
reliance on forward-looking statements, which speak only as of the
date of this press release., is engaged in the
Collegiate Marketing and Production Services business and Association
Management Services business. The
Association Management Services business provides various associations with
services such as member communication, recruitment and retention, conference
planning, Internet web site management , marketing and administration.

racing horse

Business Editors/Entertainment Editors

WOODLAND HILLS, Calif.com,
Inc. Youbet. Youbet does not undertake, and
specifically disclaims any obligation, to publicly release the result
of any revisions that may be made to any forward-looking statements to
reflect the occurrence of anticipated or unanticipated events or
circumstances after the date of such statements.

Triple Crown Media Inc. Announces Appointment of Nick Nicholson to the Board of Directors

pari thoroughbred

Youbet CEO Charles F. In that sense, with live race video, wagers
at track odds and instant replays, Youbet."
In addition to record handle, Youbet processed a record $1.com is the largest Internet provider of thoroughbred,
quarter horse and harness racing content in the United States as
measured by handle data published by the Oregon Racing Commission. Mr.

equestrian welfare

----Youbet.
Youbet .

assist harness

Of the
total, Youbet contributed $2. The company is also the
exclusive provider of horse racing content for CBS SportsLine.