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Old 05-08-2005, 06:19 AM   #1
KRL
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Gambling.com Sells For $20 Million

http://www.onlinecasinonews.com/ocnv...le.asp?id=7820

Nice one!
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Old 05-08-2005, 06:21 AM   #2
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Quote:
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Do you believe the price is because of the domain name, the software or both? If both what percentage of the money was the domain name worth?
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Old 05-08-2005, 06:24 AM   #3
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Wowow

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Old 05-08-2005, 06:26 AM   #4
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Quote:
Originally Posted by Relish XXX
Do you believe the price is because of the domain name, the software or both? If both what percentage of the money was the domain name worth?
Nothing special about their software that's worth millions, so I'd say the domain is the gem in that deal.

I think its time they hire a new designer for that logo. What's up with that?
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Old 05-08-2005, 06:26 AM   #5
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wow, thats a fuck load of money
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Old 05-08-2005, 06:28 AM   #6
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and a nice domain name
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Old 05-08-2005, 06:30 AM   #7
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I must be getting in too deep (re: domain names) because I find this price justifiable.
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Old 05-08-2005, 06:33 AM   #8
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LOL @ Logo!
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Old 05-08-2005, 06:34 AM   #9
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Puts the $5 million casino.com purchase in perspective, doesn it.
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Old 05-08-2005, 06:34 AM   #10
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holy shit....

btw the site and logo do look like shit, looks like a domainsponsor landing page ffs...
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Old 05-08-2005, 06:51 AM   #11
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you bet lol.
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Old 05-08-2005, 06:53 AM   #12
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their old site looked better LOL
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Old 05-08-2005, 07:26 AM   #13
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hmmm time to dust off royalcasino.com
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Old 05-08-2005, 07:28 AM   #14
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It's a lot of coin but you can easily see why it would cost so much.
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Old 05-08-2005, 07:29 AM   #15
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Quote:
Originally Posted by AVM
I must be getting in too deep (re: domain names) because I find this price justifiable.
I'm not in deep, not even in the shallows of domain buying and I can justify the price of that purchase
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Old 05-08-2005, 07:32 AM   #16
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I'm sure the decent PR didn't hurt the price either - as well as they obviously are making some cash on banner ad sales.
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Old 05-08-2005, 07:35 AM   #17
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damn lots of money. but a damn good domain name also.
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Old 05-08-2005, 08:00 AM   #18
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Not even 20k a day. But those folks are worth a ton of jing so maybe this will work out.
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Old 05-08-2005, 08:02 AM   #19
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Gambling is the most profitable niche there is, so it makes sense that this name would go for basically 5-10x what most other names of that quality would go for.
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Old 05-08-2005, 08:10 AM   #20
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Nice to see big money changing hands.
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Old 05-08-2005, 08:15 AM   #21
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heh nice deal
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Old 05-08-2005, 09:24 AM   #22
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Good domain but they do need a new logo
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Old 05-08-2005, 09:41 AM   #23
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Quote:
Originally Posted by LegendaryLars
hmmm time to dust off royalcasino.com
That's a nice domain Lars.

You should market that as ultra exclusive online casino for high rollers.
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Old 05-08-2005, 09:47 AM   #24
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Originally Posted by Mike33
I'm not in deep, not even in the shallows of domain buying and I can justify the price of that purchase
Do you make your living from domains? Probably not, hence your reasoning.

Reading about the wave, and riding the wave - are two entirely different experiences.

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Old 05-08-2005, 10:04 AM   #25
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They have a lot of incoming links (due to their old content, before they shifted to PPC), and also a HUGE database of 200,000 double opt-in emails, which contribute significantly to the value of the deal. Not a pure domain deal, but obviously the domain is worth at least $8 million of the $20 million, in my opinion.

See the company's press release, at:

http://www.xworks.com/press.asp?y=2005&id=197
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Old 05-08-2005, 10:37 AM   #26
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thats alot of crackers! lol
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Old 05-08-2005, 11:00 AM   #27
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hi

thats alot of money for a domain name!!

tony
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Old 05-08-2005, 11:06 AM   #28
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Damn.....
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Old 05-08-2005, 11:07 AM   #29
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Quote:
Originally Posted by LegendaryLars
hmmm time to dust off royalcasino.com
How much?
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Old 05-08-2005, 11:30 AM   #30
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That would have been a sweet domain to have.
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Old 05-08-2005, 12:04 PM   #31
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That's a $5-$8 million domain. $20 million is paying through the nose. they probably got it appraised on one of those $4.99 appraisal sites and though
$20 million was a steal. lol
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Old 05-08-2005, 01:06 PM   #32
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wow now that's a nice sale... was it only because of the name or is there a site/software included too?
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Old 05-08-2005, 01:09 PM   #33
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That's a $5-$8 million domain. $20 million is paying through the nose. they probably got it appraised on one of those $4.99 appraisal sites and though
$20 million was a steal. lol
Luc, you now officially know nothing.

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Old 05-08-2005, 01:12 PM   #34
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the company was making over $3 million a year, so it has significant value outside the domain

Quote:
The financial performance of Newbold is summarised in the following table.

12 months ended
31 December 2004
Audited 3 months ended
31 March 2005
unaudited


Gross profit US$3,387,458 £1,782,873 US$759,857 £399,247
Profit after tax US$1,530,037 £805,283 US$458,592 £241,364
Margin 45.2% 60.3%
Net assets US$4,535,037 £2,386,862 US$5,003,997 £2,633,683
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Old 05-08-2005, 01:25 PM   #35
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insane!!!
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Old 05-08-2005, 01:29 PM   #36
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You can't get too much of a better domain name for a gambling related site than that. That's to the gambling industry as sex.com is to the adult industry.
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Old 05-08-2005, 01:29 PM   #37
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Ricks understands it well -- it was under 10 times their gross profit, so it was a reasonably good purchase....comparable to the Marchex deal (although with Marchex, those were all undeveloped domains).
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Old 05-08-2005, 01:36 PM   #38
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a steal at that price, if the profit from the PPC is true
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Old 05-08-2005, 01:39 PM   #39
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Old 05-08-2005, 02:16 PM   #40
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Now that is very impressive.
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Old 05-08-2005, 02:48 PM   #41
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Nice sale.

As AVM pointed out, makes casino.com look like a great deal. It probably will turn out ($5m casino.com) to be a great deal in the long run.
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Old 05-08-2005, 02:51 PM   #42
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Whow. That's one incredible un-inspiring gambling site

I hope they will do something about that.
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Old 05-08-2005, 03:00 PM   #43
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god damn that's a nice sale. if reading this doesnt make all of you work harder, i dont know what can.
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Old 05-10-2005, 02:26 PM   #44
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Ricks is quite possibly the coolest guy on this forum.
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Old 05-10-2005, 02:52 PM   #45
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yo..

because its missing a letter, I'll sell gamling.com (missing a b) for 2 million to the first taker. :-)
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Old 05-10-2005, 03:00 PM   #46
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Great name and the way the marketplace is going it was a steal if they can market it right
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Old 05-10-2005, 03:41 PM   #47
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Wow, that's crazy. It's tons of money, although it's a great domain name.
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Old 05-10-2005, 03:48 PM   #48
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Quote:
Originally Posted by KRL
Nothing special about their software that's worth millions, so I'd say the domain is the gem in that deal.

I think its time they hire a new designer for that logo. What's up with that?
I would also consider it a true domain deal. great for the industry.

unfortunately this means that the prices on some of the domains I'm chasing will rise, but there's two sides to that coin.
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Old 05-10-2005, 03:49 PM   #49
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Old 05-10-2005, 03:51 PM   #50
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shit, I just sold gamblingaddiction.com 5 or 6mths ago... all these gamblers are gonna be hooked
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