XpressBet is a legal, licensed, U.S.-based account wagering provider that offers pari-mutuel wagering on thoroughbred, harness and quarter horse racing events either online or by telephone. The service was launched by Magna Entertainment Corp. in 2002 and is headquartered in Washington, PA. Wagering accounts with XpressBet may be opened online at www.xpressbet.com, and by phone at 1-866-88XPRESS. Accounts may be funded via the following methods: XpressFund (EFT, Electronic Funds Transfer or ACH) Mastercard or Visa Credit/Debit Cards Check/Money Order Wire Transfer Cash XpressBet wagers are delivered electronically and co-mingled with host track pools and winning wagers placed through the service are paid at full track odds. XpressBet is regulated and licensed in several states. XpressBet uses the latest in advanced technology to present state-of-the-art speed, security, and efficiency to account holders. The service offers over 100 tracks online including online audio and video of selected tracks. Wagers are deducted from account balances and winnings are immediately deposited to accounts and may be withdrawn at any time. Some restrictions apply. Unlike other legal account wagering providers XpressBet does not charge minimums, membership fees or per-wager surcharges for basic services. Opening an account, playing the races online or by phone, deposits by check or Electronic Funds Transfer, and withdrawals by mail. Deposits by check or Electronic Funds Transfer are subject to a 2% fee, with a minimum charge of $1.00. Also, XpressBet is the only account wagering provider that offers product demonstrations, and cash deposits and withdrawals at dedicated Welcome Centers at selected racetracks and OTBs.