The deal also includes United Tote, one of three large bet-processing companies in the U.S. In 2009, according to the records, Youbet customers bet $480.3 million. Although both companies said that they expected the deal to close in early 2010, the closing was delayed by federal anti-trust inquiries. Television Games Network, the market leader in account wagering in the U.S., took in $511.3 million in bets in 2009, according to the Oregon Racing Commission.Ĭhurchill reached the deal to merge with late in 2009. The deal valued at approximately $133 million at Wednesday's stock prices by giving Youbet shareholders 99 cents for each share of Youbet stock they owned and one share of Churchill stock for every 17 shares of Youbet stock.Ĭombined, the two companies took in $814.1 million in bets through their account-wagering operations in 2009, according to financial records for the companies and documents filed with the Oregon Racing Commission, where Churchill maintains a hub for its wagering platform. The deal closed on Wednesday, Churchill said in a release, after drawing some scrutiny from federal anti-trust regulators. has completed its acquisition of in a transaction that will make Churchill the largest account-wagering company in the U.S.