09 May '11, 5am

Domain News: #domain Buyer of Gambling.com domain name revealed: The buyer of the most expe...

The buyer of the most expensive domain name of this year ,Gambling.com is no other than KAX Media .Gambling.com was sold through the Sedo domain name marketplace in late April 2011 for $2.5 million . Sedo has brokered the sale of the domain name in behalf of the British Media Corporation . The transaction completed on April 27,2011 . “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,Media Corporation CEO about the transaction .

Full article: http://www.domainnews.com/en/buyer-of-gambling.com-domain...

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