Sell em while they're hot!

[Zhang]

I don't claim to be an expert on anything in this post, this is just my brief analysis of what is going to happen soon: If it hasn’t started happening already.

Gambling related websites are about (or have started) to plummet in price. I feel sorry for the company that recently paid all that cash for the poker site. I knew it was going to happen back on July 11th when I made my first blog post at affordablehostingdirect.com. But I didn’t see it starting to hit the mainstream until last night when I saw it on the late night news. All I could do was look over at my husband and say, “mmhmm, see?”

It might be time to dump gambling related websites while you can, so you can still get a decent price out of them. Read the article at CNN (Link won't show up: Just go to CNN.com and do an internal search about online gambling, you should see an article called House passes online gambling restrictions) to see where I’m coming from. The way I see it: Dump the sites now or risk having the “online gambling police” knocking on your door.

In another recent article I read, the police arrested a guy in Dallas bringing multiple charges against him and his online company…The catch? The guy wasn’t even from the US. He was over here trying mount a campaign to regulate and legalize Internet gambling in the US.

So start researching if you own sites like these. (Gambling or gambling related) As I understand it, you may be at risk even if you’re affiliated somehow with a gambling site and live in the US. Of course, I’m not a lawyer, so don’t go pulling down all your affiliate links just yet: However, it may be a good idea to seek out an attorney to see where your website might stand or what your liabilities are.

Also, I just want to send out a "good luck" to all of you who currently own top level domains related to gambling. Hope you're able to get at least what you paid for them!

 

[matt_bodis]

Your link is dead.

 

[Charley]

This sounds interesting.

 

[Zhang]

Thanks, fixed that: People will just have to do the search for House passes online gambling restrictions over on CNN, sorry.

 

[Robert Allen]

I am glad i stayed 100miles away from any online gambling... Well, i joined some free sites but nothing more.

Robert

 

[irishmat]

anyone wanting to dump their gambling domains/sites, dump them my way!

:hehe:

 

[bobdigital]

this is just my brief analysis of what is going to happen soon: If it hasn’t started happening already.

wasn't this a month ago?

 

[ripley]

Doubtful the bill will be enacted this year (or next year) -- remember that it also has to pass the Senate, and then be signed into law. There's only approximately a month of legislative days left this year, and at the end of the year the bills will die and next year will have to start all over again -- reintroduced, re-passed. Congress is only doing this because it's an election year -- don't hold your breath.

ripley.

 

[thegenius1]

Congrats To all that have or are looking to Diversify and arent Just going to Depend on English and The U.S with there domains... One of the many reason IDN's are needed :kickass:

Maybe these 42 companies for seen this http://www.namepros.com/idn-discussion/216096-42-gambling-operators-open-their-online.html

 

[VegasCoupons]

They will still hold value, no matter what laws are passed people will find a way to gamble, and with that domains will continue to make money.

 

[ripley]

They will still hold value, no matter what laws are passed people will find a way to gamble, and with that domains will continue to make money.

I agree with that. Even if this bill passes (and I don't think it will), it does nothing to punish consumers, only banks. That means consumer demand (on the order of $12 billion a year industrywide) is left intact, and where there's demand -- especially that much -- supply will follow.

ripley.

 

[equity78]

DID you think this thread was telling anyone anything new? OLD news. WOW But it is interesting how you plug you're blog inthis thread and you have no knowledge of online gaming what so ever that quite evident. NOTE to self why do I read threads on this forum ? ANSWER NO IDEA

and you're line about the other guy NO his company failed to pay taxes not here trying to regulate online gaming

 

[Zhang]

DID you think this thread was telling anyone anything new? OLD news. WOW But it is interesting how you plug you're blog inthis thread and you have no knowledge of online gaming what so ever that quite evident. NOTE to self why do I read threads on this forum ? ANSWER NO IDEA

and you're line about the other guy NO his company failed to pay taxes not here trying to regulate online gaming

Actually, I don't think it's old news as some people, like myself, don't watch very much television. And you are correct, I have almost zero knowledge about online gambling, I'm just going by what I've read and seen on the news. I just found the article interesting coupled with the fact that I saw it on the news last night. Yes, I plugged my blog, but only to show that I wrote about the topic over 2 weeks ago. Yesterday was the first time I saw it on the news.

As far as the guy that was arrested: Direct from CNN-David Carruthers, chief executive of online gaming group BETonSPORTS, was detained by U.S. authorities while changing planes in Dallas, the company said Monday, sending its shares down more than 15 percent.

Carruthers, who has visited the United States in the past and was mounting a campaign to regulate -- and legalize -- Internet gambling in the country, was in custody in Fort Worth, Texas, a company spokesman said. BETonSPORTS is reviewing the situation, spokesman Kevin Smith said. So, that's why he was here...sure, they got him for racketeering and a slew of other charges, but I was just pointing out the fact that the guy wasn't from here.

In closing, why are you so hostile towards me? I don't like being attacked on a personal level. How about this: You don't attack me, and I won't make fun of your improper usage of the word "you're" so many times, okies?

 

[equity78]

sure, they got him for racketeering and a slew of other charges, but I was just pointing out the fact that the guy wasn't from here.

HYSTERICAL

And I don't like people giving advice when they have no legal authority to do so. There may be new people on here who actually pay attention to what those who do not have knowledge on a subject say and may act on that misinformation OKIES

 

[DN Tycoon]

Imho this is all bunk..hold onto your gambling domain names as they will not fall in value. No offense Zhang but it just sounds like to me you are blowing smoke up peoples backpipes....

 

[Zhang]

equity78: You, sir, are a hateful little soul, leave me alone. I'm not giving out advice, go read my original post again. I said, "I don't claim to be an expert on anything in this post" I also said, "I’m not a lawyer" and I also said, "seek out an attorney to see where your website might stand or what your liabilities are".

Now, I did say, "It might be time to dump gambling related websites", But I also said under that to do some research on the matter. Despite that, I'm not here to be bullied by the likes of you; or to be personally attacked: I'm here to initiate a discussion in a topic that I find interests me and get other points of view on the matter.

DN Tycoon: You may be right, it may be all fluff, I have no idea. I think it will be interesting to see how this develops. Simply something to keep an eye out for. Heck, this might give the online gambling clubs the boost they need. I've been looking at some of the stock prices and many of them were on a steady rise, then took a plummet over the last few of weeks. Most of the online gambling stocks that I've looked up are losing value almost daily. The biggest loser right now is BetandWin, which has suffered an almost 6% loss at the time of this post. Every stock that I've looked up (so far) has taken at least a 10-15% loss in the last few weeks alone.

So, using that line of thought, it seems logical to me that the value of specific "online gambling related" domain names may fall in price as well. Then again, this will depend on how people market their domains or who they're affiliated with. Ripley may be right in his post above, it may just be something to gain attention leading up to election time.

 

[duskdawn]

hmm~~
So the ppc for adult names are ending and now the gambling too.

 

[Jo]

Well...I received a click yesterday or today on my one CASINO name on SEDO.


It usually pays around $1.00 and up.


It paid exactly 11 CENTS!!!!!!



So what are your theories now???

 

[-OutlawBiker-]

At the time of the announcement it was ripe to short the stocks and go long the domains. Then when everybody started dumping the stocks, look to cover and start to go long. When the senate fails to act, it will be time to ride the stock up and get ready to sell and go short again on the over rebound. That's when to put the poker names you bot since the announcement back on the market for higher prices.

 

[Ronald Regging]

The guy was arrested, because he was operating a gambling site outside of the US and targeting US citizens in his advertising. The government does not like foreign gambling sites that target US citizens, because they do not get any taxes from it. The US obviously had no authority to go after him in another country where it was completely legal, but when he stepped on US soil, he was under their jurisdiction and was well aware of it. This would be like me posting a blog entry where I threaten the life of the leader of China... Sure, they have no authority to come to the US and arrest me, but you can be damn sure that if I decided to take a trip to China, I wouldn't be coming back...

The guy was stupid, plain and simple. And the fact that he supposedly came to the US in order to start a campaign to legalize gambling, shows without a doubt he was aware that it was illegal. My only advice to people is if you're doing something that is illegal in another country, don't go to that country...

There are several online casino and poker rooms that operate legally within the US, and thus far, the government hasn't had any problems with it because they pay taxes. Thats what it all comes down to. Money. The powers that be push the idea of globalization, but get pissed off when the practice of it leaves them out of the loop.

Like someone else said, the bill is not a definite thing and even if it does pass, gambling is a global practice, so it will not detract from the value of your domains in general.