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Casino.com sells for $5,5 million

is boom time back in domains!

         

Shak

5:30 pm on Oct 26, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



word on the street is that Boss Media has sold its well-known site, Casino.com for a cool $5.5 million to an unnamed company.

not sure how much the actual "site" alone was worth, probably not much, the money "if true" was for the domain...

[onlinecasinonews.com...]

must say I would not be surprised at all, domains with high quality type in traffic are starting to mature.

anyone have any latest info on the above?

Shak

rcjordan

5:41 pm on Oct 26, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



>domains with high quality type in traffic are starting to mature.

Particularly the generic ones that convey authority while skirting any trademark issues. (Unlike the SEO biz, a hyphen will KILL you here.)

TinkyWinky

1:14 pm on Oct 27, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



wasn't you was it Shak? ;)

TW

lazerzubb

2:24 pm on Oct 27, 2003 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



Don't know how you find them so quick, KING KING SHAK ALA DOMAIN.

Webwork

2:37 pm on Oct 27, 2003 (gmt 0)

WebmasterWorld Administrator 10+ Year Member Top Contributors Of The Month



$5.5 million might be the Promo Number, just like $7.5 million for Business.com. Based on insider info Business.com sold for $400,000. plus a multitude of conditional sales terms to be met before the other $7 million would ever be paid.

Business.com received millions of dollars of free media attention - advertising or a pre-launch campaign by another name - as a result of the media frenzy about the extraordinary price.

If the media picks up on the $5.5 million "sales price" then Casino.com will accrue $10 million of public media exposure.