DerbyJackpot Teams Up with Xpressbet and Stronach Group to Bring Social Gambling to 11 More States

NEW YORK, May 15, 2013 /PRNewswire/ -- Xpressbet, LLC, one of the horse racing industry's largest Advance Deposit Wagering (ADW) providers, has teamed up with DerbyJackpot to expand DerbyJackpot's reach across 11 more states. DerbyJackpot is the easiest way for people to legally bet, watch and win real money on live horse racing, all in an online, social environment. Previously available in 25 states, DerbyJackpot can now be played by eligible adults residing in 11 more: California, Idaho, Kansas, Maryland, New Mexico, Oklahoma, Rhode Island, Tennessee, Virginia, Washington and Wisconsin.*

"DerbyJackpot shares our passion for bringing horse racing online and enabling millions of people to bet on, watch and enjoy the sport from wherever they are," said Xpressbet President, Ron Luniewski. "We're thrilled to join with a company that is introducing horse racing to an entirely new demographic of fans through its fun, social game."

DerbyJackpot is designed as a social game that makes it easy to place bets, watch live horse races, and socialize with other players online. According to a survey of registered DerbyJackpot players, the majority of DerbyJackpot players are new to horse racing. Though they have never visited a race track, they enjoy betting on the site.

"Since horse racing is the only legal way to gamble online in the United States, DerbyJackpot is virtually the only online outlet for people who enjoy real world casual gambling, such as sports betting or the lottery," said DerbyJackpot CEO and co-founder Tom Hessert. "We're thrilled that our relationship with Xpressbet and The Stronach Group allows us to reach even more people who have been waiting for DerbyJackpot to come to their states."

Since DerbyJackpot launched in January 2013, over 500,000 wagers have been placed through the site. The site allows US residents in 36 states to bet on horse races from hundreds of tracks around the country. Through its partnership with The Stronach Group, owner of Xpressbet and several of North America's most prestigious racetracks, DerbyJackpot will provide access to bet on  the world famous Preakness Stakes, which will be held May 18, 2013 at Pimlico Racecourse. In addition to the Preakness, DerbyJackpot has enabled players to watch and bet on all of the races throughout the Triple Crown.

*Players must be 18 years of age (21 in certain states) and a legal resident in a state where DerbyJackpot may legally take online horse racing wagers. DerbyJackpot does not offer real money games to residents of the following states/territories: Alaska, Arizona, District of Columbia, Georgia, Hawaii, Illinois, Mississippi, Missouri, Nebraska, Nevada, New Jersey, North Carolina, South Carolina, Texas and Utah. Additional terms and restrictions may apply. DerbyJackpot hopes to offer real money games to residents of certain of these states soon. DerbyJackpot encourages responsible gaming by its players.

About Xpressbet

Xpressbet is a Stronach Group company, North America's leading Thoroughbred racetrack owner/operator. The Stronach Group racetracks include Santa Anita Park, Gulfstream Park & Casino, Golden Gate Fields, Portland Meadows, Laurel Park and Pimlico Race Course, home of the world-famous Preakness. The company owns and operates the Palm Meadows Training Center in Florida, and is one of North America's top race horse breeders through its award-winning Adena Springs operation. The Stronach Group is one of the world's largest suppliers of pari-mutuel wagering systems, technologies and services. Its companies include AmTote, a global leader in wagering technology; Xpressbet, an Internet and telephone account wagering service; and Monarch Content Management, which acts as a simulcast purchase and sales agent of horseracing content for numerous North American racetracks and wagering outlets. The Stronach Group is also a major producer of televised horseracing programming through its HRTV cable and satellite network and is North America's premier supplier of virtual online horseracing games, as well as a leading producer of social media content for the horseracing industry.

About DerbyJackpot

DerbyJackpot.com is a social site that makes it easy to bet, watch and win real money on live horse racing, the only legal way to gamble online.

Hundreds of races are available nearly every day of the year, with bets starting at ten cents for possible winnings of $10,000 or more. Adults over the age of 18 years old (21 in certain states) can legally play DerbyJackpot.com in 36 states in the United States.

The site was launched in 2013 by the company founded by Tom, Walter and Billy Hessert and is based in New York City.

SOURCE DerbyJackpot