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Moniker and SnapNames Selected to Auction Slots.com--Crown Jewel Domain Name of the Gaming Industry
The owner of Slots.com announced today that they have chosen Moniker® (www.moniker.com) and SnapNames® (www.SnapNames.com), both Oversee.net® companies, to manage the highly anticipated auction for Slots.com.
May 04, 2010 05:53 PM Eastern Daylight Time
Moniker and SnapNames Selected to Auction Slots.com--Crown Jewel Domain Name of the Gaming Industry
The owner of Slots.com announced today that they have chosen Moniker® (www.moniker.com) and SnapNames® (www.SnapNames.com), both Oversee.net® companies, to manage the highly anticipated auction for Slots.com.
May 04, 2010 05:53 PM Eastern Daylight Time
LONDON--(EON: Enhanced Online News)--This showcase auction will feature Slots.com exclusively. The auction starts online May 5, 2010 at noon US Eastern time and ends May 12, 2010 at 3:15 p.m. US Eastern time. For more information contact: [email protected] and [email protected], 1.800.688.6311 ext. 3531 and 3536.
âWe are very pleased to offer businesses and investors a unique opportunity to participate in a vertical that has consistently grown year-over-year.â
View and bid for Slots.com at: www.snapnames.com/store/event.action?ig=544
"We are excited that the industryâs leading domain name auction companies - Moniker and SnapNames, have agreed to manage this online auction. Their innovative technology platform and reputation for excellence provide a safe, secure and reliable bidding process," said Christina Renee, communications manager at Slots.com.
The auction for Slots.com has garnered considerable interest in the casino industry with potential bidders lining up in anticipation of the auction. With slot games accounting for as much as 70% of casino revenue, this domain name auction will be one of the most followed gaming domain auctions this year.
"This auction provides a rare opportunity to acquire a domain name that is a perfect match for one of the most popular games in the gaming space," noted Monte Cahn, the founder of Moniker. âWe are very pleased to offer businesses and investors a unique opportunity to participate in a vertical that has consistently grown year-over-year.â
Cahnâs comments are supported by a recent H2 Gambling Capital study: âThe total value of the global eGaming market rose from US$23.5billion in 2008 to US$26.6billion in 2009. H2 now believes that its value will increase to US$36.5billion by 2012.â
Domain name auctions have proven to be an effective vehicle in determining the market value of a domain name. In the gambling space, the highest recorded sales to date have been Casino.com for $5.5 million in 2003 and the Gambling.com domain name and portal sale for $19.8 million in 2005.
Oversee.netâs Aftermarket and Registrar Division
Comprised of Moniker ®and SnapNames®, Oversee's Aftermarket and Registrar Division offers businesses and individual investors an array of services for domain name registration, acquisition, management, appraisal, brokerage and sales. A top ten registrar, Moniker introduced the live domain name auction concept. SnapNames operates the largest auction of expired and deleting domain names and gives its customers exclusive first access to the world's most valuable names every day. For more information, visit www.moniker.com and www.snapnames.com.
Contacts
auction @ slots.com
1.800.688.6311 ext. 3531
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