## Wagering.Online Web Address Snagged for a Hefty $400,000
Recall when the web address “casino.online” was purchased for a considerable amount a while back? Well, the organization behind that acquisition is back at it, this time securing “betting.online” for a staggering $400,000!
This transaction, verified by domain registrar Radix, establishes a new benchmark for the highest sum ever paid for a .online web address. The agreement, secured via escrow.com, places it among the top five domain purchases of 2023 thus far.
It’s unsurprising that these web addresses are highly sought after. Just examine “casino.online” – it’s attracting over 160,000 visitors each month, with a significant portion being direct traffic. Evidently, possessing a memorable, catchy domain name is a surefire win in the digital realm.
Patrick Gerhard, the chief executive of the company that now possesses both “casino.online” and “betting.online”, is understandably elated. He views these acquisitions as significant strides forward, strengthening their foothold in the online gaming sphere.
And this is probably just the beginning. With premium web addresses becoming progressively more valuable, anticipate witnessing more substantial financial transactions like this in the times to come. The online wagering sector is flourishing, and businesses are prepared to shell out top dollar for the digital property that will provide them a competitive advantage.
A global online media enterprise recently divested itself of three European gaming platforms—Casino.se, Casino.gr, and Casino.pt—for an upfront sum of $4 million.
This divestiture follows closely on the heels of the same corporation’s debut of Casinos.com, a web address they procured in November 2022. Casinos.com mirrors the approach of the company’s primary site, Gambling.com, providing users with a method to locate and contrast internet casinos, discover bonus offers, and peruse evaluations.
