IRG is a telephone wagering company based in Curacao which caters to high-volume customers within the pari-mutuel industry.
The New York Racing Association recently suspended its agreements with IRG and other services named in an federal indictment that alleged illegal gambling.
Youbet.com confirmed the acquisition is subject to due diligence and could be completed by the second quarter of this year. IRG customers would benefit from the proposed purchase because Youbet.com carries NYRA racing.
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