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Gambling.com on the Auction Block

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  • #623299
    fintan
    Member

    Biggest online gambling domain name ever? The owners of Gambling.com have decided to auction off the domain — and, while it’s surely out of most of our price ranges, it’ll be interesting to see who ponies up the cash for this premium domain name. (You know someone will.) Read more here.

    #813502
    Anonymous
    Inactive

    Boy, that really cannot be a good sign, can it ? Why on earth would they try and sell that site, unless revenue is way down, and they are trying to cash out with something, while they can.

    Or are they just trying to cash out once, and get that big retirement windfall, that will set them up for life ?

    Or are they just testing the waters to see what their domain is really worth in this environment ?

    Does anyone else see this differently ???

    #813504
    Anonymous
    Inactive

    Well, they say:

    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 Online Casinos | News | Tips | Strategies will give the Group significant financial resources to pursue these acquisition opportunities.”

    #813505
    Anonymous
    Inactive

    @Dominique 224168 wrote:

    Well, they say:

    Sorry, I don’t buy it.

    #813506
    Anonymous
    Inactive

    Lol, I have my doubts too. We’ll see if they resurface…

    #813508
    fintan
    Member

    I understand your point, but remember they’ve already had offers, and I’m thinking it’s more a matter of the current owners belatedly realizing the value of the domain … and them preferring to take the big payout rather than continue to develop the site on their own, which, you have to admit, considering the domain that it is, it a bit lackluster …

Viewing 6 posts - 1 through 6 (of 6 total)