View Poll Results: What Will Gambling.com Sell for
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25 million +
1 December 2010, 11:51 pm
What will Gambling.com sell for?
In case you haven't heard SEDO will be brokering the big money name http://www.Gambling.com a very valuable piece of online real estate perhaps in anticipation of legal online gaming a big name entertainment group may purchase (http://www.wynn.com or LVS ???)
Anywho the poll is to hear your guesses on what Gambling.com will sell for:
Attached is the press release from the GPWA news letter:
LONDON, England -- (PRESS RELEASE) -- The Board of Media Corp, a leading advertising network and online gaming group, is pleased to announce that it has signed an exclusive contract with Sedo GmbH (Sedo) for the marketing and sale of www.gambling.com, the Group's wholly owned online gaming information portal.
Following a number of recent approaches from online gaming companies looking to acquire www.gambling.com, Media Corp has appointed Sedo, the World's leading domain marketplace, to commence a formal process for the sale of www.gambling.com.
Whilst the Group has received a number of very significant indicative offers for www.gambling.com, the Board believes that a formal auction process with the World's leading domain name broker will achieve the best possible outcome and valuation as Sedo is uniquely positioned to present the domain to global gambling brands and other qualified buyers.
With over one million registered members, Sedo is the global leader in domain marketing, and conducts its trade in 21 languages. With headquarters in Cologne, London and Boston (Massachusetts, USA), Sedo services customers in over 200 countries. Sedo recently completed the sale of a comparable top level domain for $13 million and the Board would anticipate that Gambling.com could also achieve an attractive valuation relative to the current market capitalisation of the Group, considering the global appeal and substantial revenues generated by online gaming.
Justin Drummond, CEO, Media Corporation plc, commented:
"Whilst the Group has significant cash reserves, we have recently seen a number of exciting acquisition opportunities in the online gambling and online advertising space. The successful sale of www.gambling.com will give the Group significant financial resources to pursue these acquisition opportunities."
Tim Schumacher, CEO, Sedo Holding AG, commented:
"We are very pleased to have been chosen as the exclusive broker for the sale of Gambling.com. A defining domain name like this can enable a brand to own their vertical and would be a fantastic addition to any gaming or gambling business. Gambling.com is a safe bet; it has traffic, branding and instant memorability! Its new owner is sure to win big when it comes to securing new business, enjoying top SEO results and rolling out their brand online."
2 December 2010, 12:34 am
I think its a tough one because likely anyone buying it will be more interested in just the domain than the site or affiliate accounts that could be included in a sale. Based on that I don't think they will get what they are hoping for and willl receive offers in the $5-10M range which they will probably refuse. I guess to the right buyer it could have a lot of value, but I think it may be a bit soon still before one of the vegas properties would consider purchasing a domain like this and frankly they have built their brands so much I think they would just stick with the names that they have spent millions marketing already.
2 December 2010, 5:03 pm
I think is worth less than the slots.com sale
5 December 2010, 9:53 pm
Rumors say that they bought it from its first former owner in the amount of $20 million, probably they might selling it for a price higher than that.
5 December 2010, 11:16 pm
wow wonder what I would get for coopers pick than lol
6 December 2010, 9:56 am
How much did slots.com go for??
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