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Churchill Downs faces lawsuit over online wagering business

9th March 2011 10:31 am GMT

Churchill Downs Inc., the operator of leading US online wagering services TwinSpires.com and Youbet.com, is facing a multi-million dollar lawsuit alleging that it wrongly deprived a number of racetrack operators of revenues and misappropriated their trade secrets.

The lawsuit was filed by Balmoral Racing Club, Maywood Park Trotting Association and Illinois Harness Horsemen's Association.

The suit alleges that in December 2007, Balmoral and Maywood, along with a number of other race tracks, entered into a co-branding agreement [...]

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