30 May '14, 5pm

Las Vegas Review Journal Covers .Vegas; The City Is Getting $4 a Domain & Expects $250K In Revenue A Year...

.Vegas gets a big boost up in A story published by the Las Vegas Review Journal entitled “New .vegas domain could transform online marketing.” Interestedly in the article, Bill Arent the Director of the Las Vegas Office of Economic and Urban Development” is quoted as saying: “”Las Vegas will reap financial rewards from that pioneer status. Dot Vegas will share 10 percent of all .Vegas registration revenue with the city of Las Vegas, or nearly $4 on a $39.95 domain fee and estimates .Vegas will yield $250,000 in fiscal 2015 for the agency, which has an annual budget of about $970,000.” At $4 a domain name it seems the city is only budgeting receiving revenue based on less than 65,000 registrations. Jothan Frakes, Jennifer Wolfe and Mike McLaughlin of GoDaddy are all quoted in the article. Although the article which features pictures and interviews with the .Vegas registry p...

Full article: http://www.thedomains.com/2014/05/30/las-vegas-review-jou...

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