20 May '11, 4am

It's official ! Kax Media acquired Gambling.com domain name

Kax Media issued a press release to announce the acquisition of Gambling.com domain name for $2.5 million .Kax Media acquired the domain name from Media Corp . You can read the press release after the jump : "Online Gambling publisher KAX Media has acquired the domain Gambling.com for a sum of $2.5m (£1.5m) from Media Corp plc (LSE:MDC). KAX Media adds Gambling.com to its portfolio of iGaming portals that include WSN.com (World Sports Network), CasinoSource.co.uk, and CasinoSource.ie. KAX plans to aggressively grow Gambling.com through improvements in conversion rates and more targeted traffic acquisition. Gambling.com will continue to operate exclusively as a portal for online gambling and only within regulated markets. While currently focused only on the United Kingdom, KAX plans to ultimately expand Gambling.com worldwide to all regulated English speaking markets. The K...

Full article: http://www.domainnews.com/en/its-official-kax-media-acqui...

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