Media Corp to auction off Gambling.com domain for acquisition cash

Steven Stradbrooke
November 25, 2010
6 Comments

media-corp-auction-domain-acquisitionDespite announcing boffo year-end numbers just a week ago, Media Corp has retained Sedo GmbH (Sedo) to help sell off Media Corp’s wholly owned Gambling.com domain. Media Corp claims to have received multiple inquiries as to the domain’s availability, including ‘a number of very significant indicative offers’, but the company’s Board thinks public auction is the way to go.

Media Corp CEO Justin Drummond stated that the company was actually flush at the moment, but was seeking ‘significant financial resources’ to take advantage of ‘a number of exciting acquisition opportunities in the online gambling and online advertising space.’ Hmmm… Wonder if Sportingbet would take a meeting…

Sedo recently handled the sale of Sex.com for $13m. Rival auction outfit Snapnames handled the Bodog Brand’s purchase of Slots.com for $5.5m in May of this year. It will be very interesting to see where Gambling.com ranks on that lofty barometer. And don’t forget, the year of the domain names still has another month to go!

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Tags: Article, domain name auction, gambling.com, media corp, sedo
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  • http://topsy.com/calvinayre.com/2010/11/25/business/media-corp-to-auction-gambling-com-domain/?utm_source=pingback&utm_campaign=L2 Tweets that mention Media Corp to auction off Gambling.com domain for acquisition cash — Topsy.com

    [...] This post was mentioned on Twitter by Calvin Ayre and Calvin Ayre, James Boyer. James Boyer said: Media Corp to auction off Gambling.com domain for acquisition cash: Media Corp puts Gambling.com up for saleBusi… http://bit.ly/egLyLB [...]

  • http://fusible.com/2010/11/media-corp-retains-sedo-to-help-sell-gambling-com-domain/ Media Corp retains Sedo to help sell Gambling.com domain | Fusible.com

    [...] Stradbrooke, a writer for Calvin Ayre.com says:  ’Media Corp claims to have received multiple inquiries as to the domain’s [...]

  • Moris

    Kudos on the purchase of slots.com! However these guys are not selling Bodog the future but the past.
    They are focusing on the ascii market which is saturated and limited. If Bodog is really serious with their plans for the future, drop me a note. Here is a quick piece of statistics which speaks for itself.
    Slots*:
    Search results in Google 35,000,000. Google Global Monthly Searches: 6,120,000

    One of our names:
    Search results in Google: 436,000,000. Google Global Monthly Searches: 37,000,000

    *Data from Bodog press release.

  • http://calvinayre.com/2010/12/02/business/generic-domain-names-more-valuable/ Generic domain names more valuable

    [...] on the block and went for an estimated $13m showed as well as sex, domain names are big business.Media Corp has recently put Gambling.com for sale and obviously, the gambling public is very excited by what would be seen in some circles as the [...]

  • http://calvinayre.com/2011/01/04/business/media-corp-set-high-reserve-on-gambling-com/ Media corp sets high reserve on Gambling.com

    [...] no surprise that the latest domain name to go under the hammer has quite the reserve.We already reported late last year that Gambling.com was to follow Sex.com and Calvin Ayre’s purchase of Slots.com by becoming one of the domain [...]

  • http://calvinayre.com/2011/04/28/business/gambling-com-sold/ iGaming news | Gambling.com sells for $2.5m

    [...] The sale of what was supposed to be the most valuable domain name in the entire gambling industry was confirmed earlier today as Media Corp reported that gambling.com was sold to an anonymous bidder for $2.5m (£1.5m) [...]