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Media Man Talks Domain Names: Gambling.com, Poker.com.au, by Greg Tingle - 7th
January 2011 G'day
punters, entrepreneurs, gambling and casino tycoons, journalists... one and all.
Today we explore the world of internet domain names. We look at both generic and
general domain names as well as those in the news media, entertainment, adult
and gambling sector. Media Man http://www.mediamanint.com
and Gambling911 give you the heads up
on domain names so you can try to make heads or tails of all the domain name news
and gossip currently going on down under in Australia and everywhere else in the
internet universe. All
of this fuss about internet domain names. Well, your reading about it on either
Gambling911 or Media
Man Int, two very strong domain names and companies, if there ever was. This
week or so everyone's been buzzing about domain names Gambling.com and now Poker.com.au
So, just how good are the names, how much is hype, speculative, and how much is
of substance and lets call it "real big business", and will deliver
profits and return on investment. MediaManInt.com
Says Gambling.com Is High Risk; Name Already Lost Money In Past!... The
internet domain name www.gambling.com, owned by a Pommie casino group, is up for
auction and it don't come cheap. Introducing
Media Corporation, which would you believe paid a massive $US20 million ($19.8
million) for the domain in May of 2005 and earned a cool$US5.5 million from advertising
on the website a year later, hopes to fetch more than $US10 million for the name. The
domain name's depreciation in value is largely due to a ban on internet gambling
in the United States in October 2006. In some other counties such as Australian
and New Zealand, some legal eagles talk of "grey areas" (which are legally
untested). It's
worth pointing out that for the record our Media
Man Int is primarily a media, publicity and internet portal development company.
We cover over a dozen different vertical markets including news, political, travel,
lifestyle, technology, community, property, entertainment, a wee tad of adult
(and games... both land based, video games and online). As
well informed readers might have picked up on, many industries are intertwined.
Many brands such as Marvel Entertainment, Sony, News Corporation and yes, Media
Man, have a number of business arms. Marvel has books, comics, lunch boxes and
super hero costumes. They are pump out DVDs and even new release blockbuster movies.
And, who has not heard of Marvel slot games, which can be found across the Media
Man website network. Companies such as PartyGaming, Virgin, Playtech and Centrebet
feature the branded Marvel games. The games from Marvel are often featured on
website portals. See how it gets complicated. Back to matters at hand, no, Marvel.com
is not for sale, nor is Marvel - they are owned by Disney. Yes, the company famous
for Mickey Mouse and friends. Gambling,
sex and the internet go hand in hand, pardon the pun. The
porn friendly nation of Germany is home of tech giant and domain name firm, Sedo.
It was Sedo in fact that arranged for the sale of www.sex.com for a record $US13
million last November and its now having a crack and flogging gambling.com, pushed
along with a big of media buzz by Media Man
and Gambling911 we might add! An ambitious reserve price of $US9 million has been
set, but how many genuine takers are out there in a financial climate which is
pretty depressed, or as they say in Australia, up the shit. The
actual word "gambling" is ranked No. 1 by out friends at Google via
searches and the gambling.com site gets more than 300,000 hits each month which
is pretty impressive. Gambling.com
yes, a great name, but what's it worth? The market will decide and your can bet
your bottom dollar that the Media Man network and Gambling911 newshounds will
be following up in hot pursuit. Australian
Poker Domain Name Sells For $100,000; Good Or Bad Value Compared To CasinoNewsMedia.com
and MediaMan.com.au... The
attractive Poker.com.au domain sold for $100,000 less that 24 hours ago, but experts
are saying the price tag was reduced thanks to complex online gambling laws down
under in Australia. The
Aussie domain name market has continued to heat up with Poker.com.au selling for
$US100,000. However some industry experts reckon the names value may have been
reduced because of Australia's restrictions on online gambling. Legislation
released a decade or so ago "restricts" the advertising of interactive
gambling services in Australia. David Nye, who runs domain name auction house
NetFleet, says the laws means Poker.com.au has sold for considerably less than
it would have otherwise. "There
is a Canadian equivalent, Poker.ca, that sold for $400,000 last year. Now, Canada
has one-and-a-half times the population of Australia and that site commanded a
price much, much higher. One of the aspects involved in all of this is the legislation,
and the legislation specifically prohibits the advertising of online interactive
gambling. In theory, you cannot have an Australian website advertising these interactive
gaming services, and the fines are large." The
current laws also state that it is illegal for any online gambling site to offer
services to Australians located in the country...but the current law does not
make it a criminal act for Australians to engage in these services. The
Australian Government has even restated last year that it would not lift the restrictions,
despite a Productivity Commission report recommending the restrictions should
cease. Nye
says that if interactive gambling advertising were allowed in Australia, "you
might see prices that were worth 10 times the amount... the legislation has obviously
deflated the price". The
poker domain name has been purchased by sports gambling company 888, which operates
various gambling - (poker, casino and sports betting) websites internationally
and sports Shane Warne as an ambassador. So far, the company hasn't used Poker.com.au
for any new service but the website states that "a seriously exciting new
poker revolution" is "coming soon". Nye
points out that online gambling is one of the most lucrative practices on the
internet, and that continued government opposition to liberalised gambling laws
will keep prices down. "There
is huge money in online poker. Some of these poker rooms are bringing many thousands
of dollars," he said on the record. But
the Government hasn't budged from its position, with communications senator Stephen
Conroy saying last year that the online aspects of the Interactive Gambling Act
2001 wouldn't be changed, in fact going against the Productivity Commission's
recommendations. "The
Australian Government does not agree with the Productivity Commission recommendation
that the Australian Government amend the Interactive Gambling Act 2001 to allow
for a liberalisation of online gambling, starting with allowing the provision
of online poker games to Australians. The existing rules will continue to apply,"
the senator went on record with last year. A
Media Man Int spokesperson said "The
Australian government needs to get up to speed with the rest of the world. It
reminds me a bit like the Wikileaks saga of which Prime Minister Julia Gillard
said was illegal, which is complete B.S. The Australian punters and business folks
alike are sick of all the B.S and spin coming from the government. The internet
is a global industry. Most domain names are dot coms. Most companies in this space
have a global presence, global marketing, business and media plan. The world is
their audience, whether the founder or director of a companies is a Canadian,
American, Australian, South African, Indian or New Zealand resident. It shouldn't
matter. The internet is global period, as so is online casino, poker and sports
betting. We even have a Casino
Legal section on our websites which cover off on some of the legal and technical
stuff, but its all pretty complex, and the United States seems to head up much
of the confusion, followed by Europe. Someone needs to help the Australian government
get with the 21st century". Now,
get this...some have even called for even stricter regulations on the industry.
Australia's Independent senator Nick Xenophon said in a submission to the Productivity
Commission that the recent arrival of sites such as Betfair, which "allows
for an expansion of gambling by virtue of the product that is offered", highlights
the need for a more "comprehensive regulatory approach". Senator
Xenophon is currently not returning the calls of Media Man. Our
switched on friend Nye advised the issue is timely given the domain name industry
is heating up and approaching red hot, if not white hot levels. Onto
other industry sectors, given Media Man covers basically all of them, it was just
last month that retain giant Woolworths (also involved in gambling) purchased
Hardware.com.au for $33,000, and Nye expects Electricity.com.au...which just came
back on the market to sell for around $50,000! "The
theory of relaxing these laws is that you're allowing access to poker rooms, you're
getting tax revenue which could be in the realms of hundreds of millions per year,
and you can regulate the industry. This is one of the most lucrative areas on
the internet... but the legislation means the price is lower than it would have
been overseas." For
the record, Media Man International is
not currently looking to sell any of their domain names in a portfolio which spans
over 25 names, many of which are gold and listed on very high ranking website
portals and measuring sticks like Hitwise. Media Man has done media coverage and
b2b for firms such as Messages On Hold, PartyGaming, Virgin, James Packer's Betfair
and Crown, and also Centrebet and Betezy, DGM Affiliates, and more! Oh, readers,
if you have what you think is a very attractive offer you can let us know, but
don't loose any sleep if we don't get back to you overnight. Still, you have to
be in it to win it, so let us know what's on your mind. Take
the time to research and learn games before placing down money Media
Man http://www.mediamanint.com Casino
News Media http://www.casinonewsmedia.com
and Gambling911.com are website portals.
Not casinos as such, however are recognised as world leading websites that cover
the sector and act as central points to games, news, reviews and more. Media Man's
Casino News Media covers casino news,
reviews, games, multimedia and more. Know
the odds, set limits and have fun. *Greg
Tingle is a special contributor for Gambling911 *Media
Man http://www.mediamanint.com is primarily
a media, publicity and internet portal development company. Gaming is just one
of a dozen sectors covered *The
writer owns shares in Crown Limited Welcome
to the Media Man Domain Name Resource Securing,
owning and operating the right Internet domain names is an important part of the
Internet landscape, or the business landscape, for that matter. We hope you find
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