Radix knocked one out of the park with the sale of Casino.online for $201,250.
The domain was reserved by the registry and did not result in a big windfall for a domain investor.
Currently the domain resolves to a holding page at Safenames.
CasinoOnline.com has been registered since 1996. The domain is developed as a guide to online casinos.
Nice !!!!!
I saw that and thought it was a misprint!
How did they come up with that figure.
Nice sale for a gtld!
Here, again, is another instance of someone in the 7 billion-person marketplace seeing tremendous value in a gTLD — contrary to all the comments you constantly read about the entire program being “dead.”
There’s no need to go on and on about dot-Com (still) being king. NOTED! But that doesn’t mean that there won’t be money made, especially over time, on [some] of the new extensions.
This is an anomaly. Not a case in point. Not much different than a winning lottery ticket. It is not reproducible.
I’d bet my best domain this will be another flowers.mobi in 5 years.
New GTLD haters always think they’re very intelligent and they know what will happen in 10 years and 100 years… LOL…
A bit ‘of modesty please.
Exactly, just an anomaly. And one that merely makes sense.
Every time one of these stories comes out it’s always called an anomaly.
For most of us, the vast majority of our portfolio consists of dot-Coms. So there’s really no use in bashing the gTLDs in the hope of increasing the value of your dot-Coms.
Casino.online is 100 x better looking and sounding than Flowers.mobi and Flowers.mobile would be a better choice than Flowers.mobi as well.
.mobi had a bad run because they were still trying to release every extention on the right of the dot with 4 characters or less and ended up compromising value of whole words and phrases that made sense when being spoken.
Reminds me a bit of the music.mobi auction, the highest price was achieved right when things were deflating.
Good Sale and Good Buy.
Congrats.
As I just pointed out at DI and DNW:
1. Contrary to what some might want to convey, it doesn’t do or say anything for the new gTLDs phenomenon. Why is that?
2. Because a domain like “Casino.Online” is merely one of the most obvious no-brainer examples of “keyword + TLD” combinations that is clearly worth a fortune even if a whole extension is considered worthless or undesirable. In this case I would suggest “.online” is certainly a decent extension overall (but overpriced), albeit very long and “banal.” I don’t have any and have no plans to. If I could have had this one, however, I certainly would have.
Fake News…trying to pump .online
People used the word “online” in the 1990’s
Thanks for the entertainment!!!
I agree with John’s #2 point above, this sale only represents an extreme case of a great keyword/new gtld match. Also it’s a domain that was held back by the registry and not available to all during the sunrise period. How many .online sales have been reported this year for over $5000? Or for over $1000? Probably hardly any. The majority of the top new gtld sales are domains with a killer keyword to match the extension, and most of these domains were held back by the registries and sold in auctions or aftermarket format. So you can’t read too much into a one off sale like this.
Haha… We have the nGTLD bashers who start getting stressed… Haha
Congrats to Radix!
If nTLD Registries do more to create awareness to folks outside of the industry about the existence of nTLD’s and show some great usage by SMB’s, brands etc – i think some of these nTLD’s have potential to be successful. It just seems that there is too much reliance by these registries on their channel partners (registrars) to create that demand when really, that is an over-expectation today to have, given then number of nTLD’s have been launched and limited shelf space available. The onus is on these registries to do heavy lifting on making these TLD’s successful – many haven’t applied creativity yet beyond price slashing or “give aways”. Renewals rates will be very telling of success. The Aftermarket players can do a lot more as well to get more eye balls from the outside to look at inventory for sale. Domain investors, follow the traffic, so right now, understandably many would bash nTLD’s with the current state they are in. There are others who value the keywords and the ability to match keyword + TLD – makes sense – and there is one opportunity there to be explore further.
In short, there is potential, IMHO, I just think for the reasons above, heavy dependance on current channnel, lack of creativity to explore new channels, we have not seen the growth we expect (I mean growth by usage, and not numbers necessarily).
FANTASTIC NEWS!!
CONGRATS RADIX $$$$$ !! CONGRATS TO THE NEW OWNER!!! $$$$$ !!
There will be more HUGE deals to come!! Lots of us are working 24/7 to build a successful future for the gTLD marketplace.
Call it what it is:
“Premium Registration”
NO domainer benefited nor Scored on this registration whatsoever.
Not a freaking Penny.
Just one more of the: “One hot wonders”: Spain.Info Coffee.Clubs Del.icio.us etc etc
However, I can see Asian Un-accredited domainers rushing to register a few…
Why shouldn’t a registry make a killing on a good name? They’ve invested enough to earn the right to run the registry in the first place. Did you put up any money to run .online, or any other extension? No. Thought not. So the right to earn money from a decent sale is not your exclusive preserve. So much whining.
Are you a registry or a Domainer?
and How this premium registration helps your wallet?
I prefer the .coms, but this domain is definitely worth at least $200k. Many people, including many domain investors, don’t realize the true value of domain names.
Whoever really understands SEO knows how powerful this domain was. And that is not the only thing which makes this domain so valuable, there are many other important factors.
If this was not a fake sale from the registry to promote the .online extension then we should all be happy that there are some educated people willing to pay what the fair value is.
…yeah, ok…
Actually the online is the best place for gambling, so casino.online is the best of the best solution in this kind of domain names.
I don’t know if this was a real sale or not. Congrats to Radix if it was. In any case, why make a distinction between the registries, on the one hand, and domain investors on the other? I don’t see a difference at all.
Just looking at this in a bit more detail. Sedo is claiming this to be the highest selling ntld of all time and when you look at the details it sold for $1250 more than flowers.mobi. Why would it sell for just slightly more than the prior record, is this strange? Does $201,250 seem an unusual selling price?
Secondly why is it under whois privacy? Who actually bought it? If you were trying to hide your identity to that degree why would you allow the sale to go public? Lastly given the registry has a vested interest in seeing high sales who is going to police a sale like this? Dnjournal has taken up the news, I wonder how much research they will be doing on it.
I notice a couple of people at gtld.link are doubting the sale, if the ntld fan boys are calling it out what does that say?
http://gtld.link/forum/recently-sold/22070-casino-online-last-sold-for-201-250-on-2017-03-22-at-sedo
Over the years, I’ve been suspicious of high dollar sales hidden behind whois privacy, especially ones in which the domain is still a parking page or doesn’t resolve a year later. There are many such .com sales. Adding to the mystery is that many 5 and even 6-figure .com sales have been for mediocre domains in which the keyword does not support the price.
I do hope we will learn more about the casino.online and will see a functional site in the near future.
Without a doubt, casino.online selling for $201,250 is a bona-fide, real transaction.
My question is this: If someone wanted to do a fake transaction to create some cheap domain name industry hype, how could they do it?
Let’s say I wanted to sell a domain name such as kasinooo.online (this is just an example, it’s not real, it could so easily be kasinooo.horse).
1) I would sell it to my aquaintance/brother-in-law/other person I met in the street for say $200,000
2) Transaction would be arranged through Escrow.com, or maybe another like Sedo escrow etc.
3) Transfer of domain name would be completed and money transferred to my aquaintance/brother-in-law/other person I met in the street minus escrow or brokerage fees.
4) With a valid escrow transaction, this could then be reported to the press and be listed on sites such as http://www.DNJournal.com
5) Later aquaintance/brother-in-law/other person I met in the street would give me back the money less the escrow/brokerage fee. The registrant details would be returned back into my name, all of which is hidden from public view by WHOIS PRIVACY.
Done deal.
For a $200000 transaction, Escrow.com would charge $1,780.00. That’s not a lot of money to buy lots of newspaper column inches and much publicity in domain name blogs hyping up newbies to rush to buy domain names with the ngTLD being reported in the belief that that they too can buy a domain name for just a few dollars and sell it for hundreds of thousands of dollars.
If there is something wrong about this hypothetical logic please let us all know. It would be helpful if Ron Jackson of Domain Name Journal could add some comments about the validation/verification of domain name sales prices reporting.