David Goldberg

David Goldberg
Chief Executive Officer

With a long and respected reputation in the sports and entertainment industries, founding member of Federated Sports + Gaming David Goldberg is renowned for effective strategic planning and driving new growth initiatives.

As the recent President and CEO of Youbet.com (NASDAQ-UBET) – the largest, independent legal online gaming site in the U.S. – David helped take the company in less than two years from a market cap of just over $26 million to its eventual sale to Churchill Downs Inc. (NASDAQ-CHDN) for more than $127 million.

He took over the reins of Youbet.com from Michael Brodsky in June 2009, after having served as COO. As a key member of the management team, he was directly responsible for helping continue the movement of Youbet into a profitable e-commerce company while also vastly improving the operations at United Tote – a subsidiary company (now part of Churchill Downs, Inc.) that designs manufactures and operates pari-mutuel wagering systems for more than 150 racing companies and numerous OTB facilities in North America and around the world.

Prior to joining Youbet.com, David was Executive Vice President of Ticketmaster (an operating business of IAC – NASDAQ – IACI), and one of just three executives charged with overall management and leadership of the business through the Office of the CEO. During his tenure at Ticketmaster he oversaw a number of major business divisions. These include Global Mergers and Acquisitions, where he was responsible for the investment of over $100 million on four continents, Business Development, Sales and Marketing and Ticketmaster’s music industry vertical, the company’s largest business segment bringing in 50% of the company’s revenue. As head of Strategy he led initiatives that doubled EBITDA from approximately $130 million to $260 million in four years.

Before Ticketmaster, David helped start two venture backed companies: Tunes.com, operator of RollingStone.com and other music destination websites (sold to Emusic for $144 million) and SportVision, a sports technology and marketing company -  most noted for creating the yellow “First and Ten” line and other sports-related broadcast television enhancements - where he served as Executive Vice President of Corporate Development.

David received his B.A. from Northwestern University and an M.B.A. from the University of Chicago’s Booth School of Business.

He currently serves as Chairman of the Board of Pacific Edison, a solar project developer focused on entertainment venues and attractions and on the board of Bright Tag Inc.