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TheDomains.com

OnlineCasino.Co Sells For $100K In Record Setting Sale

October 7, 2011 by Michael Berkens

The domain name OnlineCasino.co has just sold for $100,000 certainly setting a record for the highest reported Sale of a two word .Co.

At $100,000 this domain  becomes tied for the 4th largest ccTLD sale of the year according to DnJournal.com

To date other than single character .Co domain names which have been sold directly through the registry, this appears to be the highest reported sale of a .Co domain again according to DnJournal.com

Business.Co sold for $80,000 back in May and Finance.Co Sold for $45,000 in June.

Mike Mann announced he sold luxury.co for $60,000

This domain was owned for several years prior to the relaunch of .Co and grandfathered from the previous com.co.

It is only 1 of 5 .Co domain names the Seller owned and for any doubters I have the escrow.com statement in hand.

Congrats to the Seller and Buyer.

Sex.co may well break this record as that domain name will be auctioned off at the TRAFFIC conference in less than a couple of weeks.

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Filed Under: .CO, Domain Sales

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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Comments

  1. Stardom says

    October 7, 2011 at 10:31 am

    just like to say on record this is insanity
    I would say it’s worth $10 at best
    perhaps the worst ever domain purchase on record

  2. Gene says

    October 7, 2011 at 10:41 am

    I don’t own any .co names, but I certainly congratulate the seller.

    It certainly seems like this particular sale should (instantly) increase valuations of ‘casino/casinos’ dot-com names.

  3. todaro says

    October 7, 2011 at 10:55 am

    seriously… i’m getting over 2000 hits a day on fakegirlfriend.com
    two weeks ago it got 5 hits a day but somebody had a bright idea that’s going viral and he chose the name fakegirlfriend.co …oh well… his loss is my gain. i might pay reg fee for those .co names and i might even not do that.

  4. MHB says

    October 7, 2011 at 10:58 am

    Todaro

    I’m not following you

    You have the .com.

    You didn’t protect it by registering the .Co allowing someone else to do it and he is now getting the traffic you could have gotten

    Seems like his gain is your loss not the other way around

  5. Marc says

    October 7, 2011 at 11:09 am

    We are the group that bought energy.me a few months back. Any guesses on what price we paid? Very curious to see results of the upcoming .co and .me auctions.

  6. David Eccles says

    October 7, 2011 at 11:47 am

    Tons of great news for .co. Looks like with sex.co and the re-landrush auctions .co may pick up in value.

  7. David says

    October 7, 2011 at 12:17 pm

    Hi Mike.

    Are you saying that for all dot coms that we own we should buy the dot co as a defensive registration?

  8. Joe says

    October 7, 2011 at 12:23 pm

    Great sale!

  9. Christopher says

    October 7, 2011 at 12:26 pm

    Stardom,

    Fact: you think onlinecasino.co is worth $10 or less

    Fact: onlinecasino.co sold for 100k

    Summary: you don’t know $@!t

  10. Alan says

    October 7, 2011 at 12:30 pm

    Hmmm……………..I wonder who the “buyer” is and if it has been paid for.

    Funny how these big sales always come out just before a auction.

  11. David Conners says

    October 7, 2011 at 12:33 pm

    I hope you are correct, Gene, as I own 75 of them, many with “Casino” in them:-).

  12. Rich says

    October 7, 2011 at 12:33 pm

    Hi Mike, im driving to Hickory n.c. this weekend, (i mention that because u r not too far)this is great news,lately i have 2,3 inquires per day on .co

  13. David J Castello says

    October 7, 2011 at 12:38 pm

    @MHB
    I think you have Todaro’s situation reversed. He bought a 3 word dotCom (that wasn’t worth much to begin with). Someone bought the same 3 word domain as a dotCo and branded it with a video that went viral. Todaro is receiving massive default traffic (proving once again that people kneejerk to dotCom when trying to remember a TLD) and he’s the one who made the mistake?

    Seriously?

  14. Jack says

    October 7, 2011 at 12:56 pm

    ROTFLMAO

    Christopher…. Love your summary.

  15. MHB says

    October 7, 2011 at 12:59 pm

    David/David

    “”Hi Mike.

    Are you saying that for all dot coms that we own we should buy the dot co as a defensive registration?””

    Absolutely not

    High traffic sites and valuable or important domains yet.

  16. MHB says

    October 7, 2011 at 1:01 pm

    Todaro/David C

    Sorry I misread Todaro comment to read the opposite so he is correct and so is David C

  17. fizz says

    October 7, 2011 at 1:01 pm

    Todaro actually gained by NOT buying the .co as a ‘defensive’ registration because if he had done that, the person who made the viral video would have used another domain name and todaro would not have benefited.

    I have always maintained that if you own a good generic .com domain, don’t waste money trying to buy up every other version in .net, ,org. .co or whatever new .tld comes out, as some maintain is a good strategy.

    Let the others buy those versions and develop them and you win twice: by the leakage of traffic to the .com and the potential of the other owners at some time in the future wanting to upgrade to the .com and make an offer. Buying them all would mean you miss out on these potential benefits.

  18. Joe says

    October 7, 2011 at 1:22 pm

    Undoubtedly, the .com of a developed .co will always receive a percentage of the traffic, but that percentage will decrease as the site gains popularity. Anyway the mistyping works also the other way around: if you have a successfully developed .com, it will always leak traffic to the .co. In fact that’s what people who don’t like .co have been saying: “.co is only good for its typo traffic from the .com”.

  19. coCASINO.co says

    October 7, 2011 at 2:43 pm

    Nice sale! BOOM! Casino domains rock.

  20. [ °.° ] [ °-° ] [ °|° ] [ °o° ] [ °_° ] [ °+° ] says

    October 7, 2011 at 4:01 pm

    but record priced .co domains still are just few

  21. Robert Cline says

    October 7, 2011 at 4:02 pm

    RIP Steve Jobs

    I have been sick with this terrible news and am finally finding the strength to type again.

    I have been the most ardent supporter of

    .Co

    and I have never waivered that .Co is better than .com

    We will definitely see

    LLL.Co go for $50,000 plus before the year is over.

    good quality 1 and 2 word domains will increase in value much faster than

    the stock market for sure.

    There needs to be a Steve Jobs day, just like we have a Martin L. King day.

    All hail to .Co and Steve Jobs.

  22. Ms Domainer says

    October 7, 2011 at 4:07 pm

    *

    Hmmm…

    I would believe this sale more if the registrant weren’t a Proxy registration and if an auction weren’t in the offing.

    *

  23. David J Castello says

    October 7, 2011 at 4:10 pm

    Piggybacking promoting dotCO off of Mr Job’s death? Shameless, Mr Cline.

  24. tdt says

    October 7, 2011 at 4:18 pm

    “I would believe this sale more if the registrant weren’t a Proxy registration and if an auction weren’t in the offing.”

    Yup, my thoughts exactly, private registration and whois that doesn’t change seems to be a constant trend with these reported .co “sales”

    My new policy is to no longer try to hammer home reality to gullible domainers, let them buy into whatever hype they want. Just let survival of the fittest run its course, they won’t be in domaining very long

  25. Robert Cline says

    October 7, 2011 at 4:31 pm

    many .com proponents are in a state of denial

    even when MHB clearly has stated

    “any doubters I have the escrow.com statement in hand.”

    Escrow.com statement in hand, clearly showing onlinecasino.co being sold for

    $100,000

    The problem for these investors is that by the time

    they realize it, the ship will have already passed them by.

  26. Em says

    October 7, 2011 at 5:04 pm

    Nice. Very nice. Not surprising to see a Casino .co go for that price. The pricing of .co is unfolding at a nice moderate pace. That’s what is making it a Blue Chip extension. None of this .mobi balloon nonesense.

  27. peter says

    October 7, 2011 at 5:15 pm

    Congratulation to seller. Hope we will see more sales like this.

  28. peter says

    October 7, 2011 at 5:16 pm

    Cline close your dirty mouth!!!

  29. Back in the real world says

    October 7, 2011 at 7:38 pm

    Cline said he was cut up about Jobs on the day. He isnt piggy backing anything, give the guy a break.

  30. RAYY.co says

    October 7, 2011 at 8:16 pm

    I always think .CO is always better than .net .org .tv .me .mobi etc.

    Won’t be surprise .CO can be better than .com as well…when many confusing gTLD coming out in world market…

    Well done to the .CO selller…good news for Robert Cline and many other .CO collectors…

  31. Mygod says

    October 8, 2011 at 1:41 am

    @MHB

    In fact,the highest .CO sale record is Taobao.co,which sold and Escrowed by Dnbiz.com in Augest at China.Taobao.co was sold ¥720,000 CNY,it’s almost $115,000 USD.Most of the Chinese .CO domainers know this things.For some reason,the seller did not public the sale record.

    As you know,Taobao.com is the biggest B2C & C2C Online Market in the World,Taobao.com is one of the biggest Sites in China,belong to Alibaba.com & Yahoo Group,the Alexa Rank is 16.

  32. Carlos says

    October 8, 2011 at 2:59 am

    That’s a very nice sale, do you have more information about the seller/buyer and were it sold? was it a registry-hold domain sale, premium re-auction or a sale from a domain investor?

    I only have a few .co gambling domains and the main reason why i keep them is because they get decent traffic, i think this sale will bring more attention to the premium keywords in dot co and their asking prices will be up.

  33. P says

    October 8, 2011 at 3:46 am

    Initially, taobao.co was sold for 31,500 at .CO Landrush Auctions.
    I think “MYgod” is saying true as I had contact with previous owner of taobao.co and he mentioned his sale at 110,000.

    @MHB
    if you want to check this sale let me know. I can give you email to that guy.

  34. Kibarli saglik says

    October 8, 2011 at 6:00 am

    I got useful information from your web site fully in place. Thanks content has been perfected.

  35. MHB says

    October 8, 2011 at 7:15 am

    MyGod

    Well I have actually heard of .co sales for more than $110K but they are well went unreported, so as I said this is the highest reported sale.

  36. ManydotCo says

    October 8, 2011 at 9:47 am

    It’s very good news,.CO AfterMarket goes to more and more better now.

  37. BrianWick says

    October 8, 2011 at 1:08 pm

    Todaro experiences with a 3 word .com pretty much encapsulates why we “antiquated” .com’ers love non.coms.

    And how many fortunes have / will be lost chasing the next high ticket .co sale – sometime folks just need to be sold a bill of goods.

    And what is the deal with R.cOBERT .CoLINE and Steve Jobs ?

  38. [ °.° ] [ °-° ] [ °|° ] [ °o° ] [ °_° ] [ °+° ] says

    October 8, 2011 at 3:11 pm

    $100K price = 99% thanks to “casino” + 1% thanks to “.co”

    that’s why I’ve bought only a couple of .co

  39. Onlinecasino.co says

    October 8, 2011 at 3:25 pm

    We are very excited to have acquired onlinecasino.co and will soon be launching free online casino games to play. If you enjoy playing free casino games please come see the new onlinecasino.co website with new casino games coming soon…

  40. fizz says

    October 8, 2011 at 4:25 pm

    >>>Undoubtedly, the .com of a developed .co will always receive a percentage of the traffic, but that percentage will decrease as the site gains popularity<<<

    If a .co site gains popularity the typo leakage to the .com should also increase. The other positive benefit of a popular .co website – if its popularity translates to increased profits for the owners – is that a good number will most probably apply some of that profit towards acquiring the .com. Time will tell.

  41. Robert Cline says

    October 8, 2011 at 6:47 pm

    Sex.Co fair price now is $1Mil plus in light of recent events and sales.

    Upgrade your domain by throwing away your .com (just chuck it) and going with

    .Co

    this year.

  42. Joe Saladino says

    October 8, 2011 at 8:28 pm

    as i have mentioned many times before! over the coming decade++ we will see many many awesome .co sales! get your .co on!

  43. dave says

    October 9, 2011 at 12:00 am

    why wouldnt taobao.com fight for taobao.co as opposed to paying 110k

  44. Robert Cline says

    October 9, 2011 at 2:13 pm

    Is it just me or does

    .Co

    seem to be everywhere prominently placed banners

    on main pages.

    everywhere I go, forums, domains

    .Co seems to be everywhere.

    You have to understand .Co registry is a rich.

    and you can bet as more people register .Co domain names

    the registry is only going to get stronger.

    And I hope the registry will up the ante this year compared to even last year.

  45. Joe says

    October 9, 2011 at 2:40 pm

    @Robert Cline

    I’ve never replied to any of your comments, because I think your trolling activity does more harm than good to the extension. Anyway, to a certain extent, I agree with your latest comment. I’ve been noticing discussions about .CO on totally unrelated blogs/forums (for example pistonheads.com/gassing/topic.asp?t=1061216 ) and a growing percentage of Domaining.com headlines (and not just from TheDomains and Elliot’s Blog). Among the new extensions, .CO is certainly a winner, but we don’t have to forget .com is THE KING.

  46. iCloud says

    October 10, 2011 at 11:46 pm

    … check the following domains: iCloud.co Puma.co Soccer.co

  47. Not the Real Bob Cline but wish I were says

    October 11, 2011 at 12:46 am

    .CO visionary Bob Cline, Google Adsense place fortune .COokie on .COmputer and follow you. Google know you the top .CO man.

  48. up.biz says

    October 15, 2011 at 5:42 am

    Nice sales, It’s a good news for the owners of .co domain names and .co registry. I that sex.co will break some of the records.


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