Gambling.com domain name was sold through the Sedo domain name marketplace for $2.5 million .Sedo has brokered the sale of the domain name in behalf of the British Media Corporation .
Even though the identity of the new owner isn't known yet,rumors say that the British Media Corporation sold the domain name to another company based also in the United Kingdom .
The transaction completed on April 27,2011 .However,the whois records still show the old owner for the moment.
“The sale of Gambling.com brings a significant boost to the Group’s already substantial cash reserves; we have recently seen a number of exciting acquisition opportunities in the online gaming and online advertising space. The successful sale of www.gambling.com has given the Group more than adequate financial resources to pursue these acquisition opportunities aggressively," said Justin Dummond,CEO,Media Corporation .