Media Corp. wants to sell Gambling.com in order to buy other online gambling and advertising websites.
Gambling.com was created in 1997 and since then it became a leader in the distribution of online gambling information.
This is not the first time Media Corp buys a premium domain names and then tries to sell it for profit .The company sold other premium domain names such as Casino.co.uk for $5,7 million ,Casino.de for $400,000 and others.
"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 www.gambling.com will give the Group significant financial resources to pursue these acquisition opportunities." ,said Justin Drummond, CEO, Media Corporation plc.
Media Corp has chosen Sedo to be the exclusive broker for the sale of Gambling.com .
"We are very pleased to have been chosen as the exclusive broker for the sale of Gambling.com. A defining domain name like this can enable a brand to own their vertical and would be a fantastic addition to any gaming or gambling business. Gambling.com is a safe bet; it has traffic, branding and instant memorability! Its new owner is sure to win big when it comes to securing new business, enjoying top SEO results and rolling out their brand online." ,said Tim Schumacher, CEO, Sedo Holding AG.
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