At a time when the online gambling industry is wondering exactly what high-tier online gambling domain names are worth comes the news that a highly strategic gambling domain in Australia has sold for just $100,000.
The site was poker.com.au; consider that its American counterpart, Poker.com, sold for one million dollars less than a year ago, and that Gambling.com was listed at around $9 million last week, this can be seen as something of a letdown to the gambling industry.
"The price however was lower than expected due to restrictive laws on advertising gambling in Australia – last year Poker.ca in Canada sold for $400,000," reports CardPlayer.com.
And it's not that Australia's online gambling industry is weak; it's reported to pull in about a billion dollars a year.
So 888.com is probably to be envied for snatching the domain at such a great price. It should help boost the company's fortunes down under and position it to excel in Australia's online poker business in the coming years.
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