new gTLD Online.casino sells for $510,000

[Fancy.domains]

The domain Online.casino has been sold by Donuts for a record breaking $510,000 (record for a new gTLD). According to Donuts, it was an end user that bought the domain and they are about to launch a website in 2019.

More is found in this Domain Name Wire article: https://domainnamewire.com/2018/11/28/online-casino-domain-record/

 

[FolioTeam]

That's some sale

 

[deez007]

Mama Mia! That's a really awesome sale. - Really awesome domain as well.

The highest recorded exact match for this domain is OnlineCasino.co.uk sold for $165 000

 

[Internet.Domains]

Always good to see a substantial sale, regardless of the extension. Here at Internet Domains we remain unbiased without prejudice and discrimination towards individual extensions. We look forward to a future with all extensions living in harmony and contributing equally.

 

[GoWeb]

Good news, great name.
I own a similar one: PlayOnlineCasino.com

 

[Soofi]

Some massive sale

 

[Brands.International]

The domain Online.casino has been sold by Donuts for a record breaking $510,000 (record for a new gTLD). According to Donuts, it was an end user that bought the domain and they are about to launch a website in 2019.

More is found in this Domain Name Wire article: https://domainnamewire.com/2018/11/28/online-casino-domain-record/

Great name which sold for some good money...but I am still waiting for that first confirmed $1 mil + sale of new gTLD name

 

[Wesley S]

kudos.

 

[Fancy.domains]

Great name which sold for some good money...but I am still waiting for that first confirmed $1 mil + sale of new gTLD name

Just a question of time!

 

[Brands.International]

Just a question of time!

I totally agree

 

[.X.]

whewwww! Super nice sale! that is smooth

 

[Kate]

Congrats to the registry

 

[Darren C]

I could of sold them LiveBet.casino for less even funnier GD only values online.casino at $3289.......never trust a bot lol

 

[vinothayyavu]

great Sale

 

[wwwweb]

Like all other top sales a registry direct sale of their internal reserve names.

It is in a category where the operator makes decent margins, and there is no secret of what it is going to be used for. One of the better hold backs.

 

[venturefile.com]

I would rather add 300k and buy Translate.com :D

 

[Bob Hawkes]

A huge sale that is now first in NameBio list of top ngTLD sales.
I am sure both online.casino and casino.online in operation will lead to some confusion.
Does anyone know if price of OnlineCasino.com was ever announced? (not on NameBio)
Most large ngTLD have been registry direct sales, with the The.Club at $300k the largest non-registry sale (obviously was sold as premium initially, but held by an investor who resold it at this price), yet.

 

[MapleDots]

I always caution members when they use sales like these to extrapolate a value for other domains.

Traditionally throughout domaining history casino domains have brought large dollar sales. This CANNOT be a benchmark for other similar domain extensions because in most cases it is a "one off" type of sale.

So to all newbies on the forum please don't use this as a reason to go on a binge buying spree of the new extensions. This sale is a rarity and not a benchmark for other sales. Go for quality over quantity when you make your purchasing decisions.

 

[dobbsie]

Good news, great name.
I own a similar one: PlayOnlineCasino.com

what a far-sighted purchase.

 

[Bob Hawkes]

Totally agree with @MapleDots. In fact I think there is, even among some in domain community, a fundamental misunderstanding that it is which new extension that determines value. For the most part it is the combination of word+extension that is important. This sale does not tell us that all .casino domain names are valuable, or that the word online in all extensions have value. It is the two together that are an exact match for a high value enterprise.

The only exception to this is apparently in the Asian (maybe just Chinese) market where short .top domain names seem to have high value. If you look at the top 10 sales so far in 2018, 5 are exact match great combinations and 5 are short .top domain names.

And as the legacy investors point out, most big ngTLD sales are registry. This one is a registry sale, as are the second highest on list. In some sales it is complex, but I believe either 6 or probably 7 of the top 10 are registry sales (defined as registry to end user at the high price, sometimes through a marketplace).

Bob