Oversee.net announced yesterday that Moniker, an Oversee company,
has successfully brokered the sale of Casino.mobi to Infomeda Ltd.
The sale follows casino.ru's sale in November last year for $235,000.
While the sale shows some demand for .MOBI domain names, their
popularity is dwarfed by popular TLDs.
Moniker founder Monte Cahn handled the US$135,000 transaction,
which represents one of the highest prices paid to date for a .MOBI
name. Other premium .MOBI sales include Fun.mobi (US$100,000 in 2007),
RealEstate.mobi (US$85,000 in 2007) and Tickets.mobi (US$60,000 in
2008).
Infomeda plans to use the name as an online portal, with location-based
information for bricks-and-mortar casino locations, reviews of mobile
casinos as well as "fun money" casino-style games and gaming tools. The
site has launched a beta version, and an official release is expected
later this month.
"This is a very strong sale for both parties in this transaction," said
Cahn. "Gaming enthusiasts are very interested in online applications,
and continually growing interest in the mobile Web indicates that the
Casino.mobi site will perform well when it launches."
dotMobi CEO Trey Harvin concurred with Cahn and added, "It's great to
see the value of .mobi names recognized in dollars. It's even more
meaningful to see the name used to identify content that takes
advantage of mobile phones and gives game-players a one-of-a-kind
experience that can't be duplicated on a desktop PC."
About Oversee.net
Oversee.net® is the leader in Internet real estate, specializing in
monetizing, registering, selling and developing domain names. The
company provides an array of managed services to domain investors,
corporations and individuals across more than ten million web sites.
Oversee owns one of the largest portfolios of domain names in the
world. The company's unique optimized technology connects consumers and
advertisers with highly relevant advertisements. Headquartered in Los
Angeles, the company's core brands include DomainSponsor®, SnapNames®,
Moniker®, and LowFares.com(tm).