Michael Brodsky Executive Chairman

Michael Brodsky became Executive Chairman in June 2009 following a long-planned transition from his position as Youbet.com's President and Chief Executive Officer, titles he held since April 2008.

As Youbet.com's Executive Chairman, Mr. Brodsky is focused on corporate development, investor relations, strategic initiatives and legislative affairs. He is directly involved in representing Youbet.com's interests concerning legislation introduced in Congress to legalize and regulate online gambling in the U.S. Mr. Brodsky is committed to ensuring the final bill results in a fair and productive outcome for the industry.

As President and CEO, Mr. Brodsky was responsible for realigning Youbet.com toward performance-driven metrics, repositioning the company as a leading e-commerce business. He recruited a new and extremely powerful management team, rebuilt industry relationships and, most importantly, returned the company to profitability.

Prior to assuming his post as President and CEO, Mr. Brodsky served as a Youbet.com director and ultimately Chairman of the Board. He joined Youbet.com from New World Opportunity Partners, where he had been a Managing Partner since June 2005. Previously Mr. Brodsky was the Chief Financial Officer of The Away Network, an online travel media company where he worked from 1999 until 2005. The Away Network owned and managed sites including Away.com, OutsideOnline.com and GORP.com. In 2005 Away was acquired by Orbitz.com and Cendant Corporation where he worked as VP, Finance, in Cendant's Travel Distribution Services Division.

Mr. Brodsky holds a B.A. from Syracuse University, a J.D. from the Northwestern University School of Law and an M.B.A. from Northwestern University's JL Kellogg Graduate School of Management.

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