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

2011 October 7
by Michael H. 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.

49 Responses leave one →
  1. 2011 October 7

    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. 2011 October 7

    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. 2011 October 7

    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. 2011 October 7
    MHB permalink

    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. 2011 October 7

    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. 2011 October 7

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

  7. 2011 October 7
    David permalink

    Hi Mike.

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

  8. 2011 October 7

    Great sale!

  9. 2011 October 7

    Stardom,

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

    Fact: onlinecasino.co sold for 100k

    Summary: you don’t know $@!t

  10. 2011 October 7
    Alan permalink

    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. 2011 October 7

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

  12. 2011 October 7
    Rich permalink

    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. 2011 October 7

    @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. 2011 October 7

    ROTFLMAO

    Christopher…. Love your summary.

  15. 2011 October 7
    MHB permalink

    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. 2011 October 7
    MHB permalink

    Todaro/David C

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

  17. 2011 October 7
    fizz permalink

    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. 2011 October 7

    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. 2011 October 7

    Nice sale! BOOM! Casino domains rock.

  20. 2011 October 7

    but record priced .co domains still are just few

  21. 2011 October 7

    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. 2011 October 7

    *

    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. 2011 October 7

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

  24. 2011 October 7
    tdt permalink

    “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. 2011 October 7

    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. 2011 October 7

    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. 2011 October 7
    peter permalink

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

  28. 2011 October 7
    peter permalink

    Cline close your dirty mouth!!!

  29. 2011 October 7
    Back in the real world permalink

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

  30. 2011 October 7

    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. 2011 October 8
    Mygod permalink

    @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. 2011 October 8

    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. 2011 October 8

    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. 2011 October 8

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

  35. 2011 October 8
    MHB permalink

    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. 2011 October 8

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

  37. 2011 October 8
    BrianWick permalink

    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. 2011 October 8

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

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

  39. 2011 October 8

    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. 2011 October 8
    fizz permalink

    >>>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. 2011 October 8

    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. 2011 October 8

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

  43. 2011 October 9
    dave permalink

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

  44. 2011 October 9

    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. 2011 October 9

    @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. 2011 October 10
    iCloud permalink

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

  47. 2011 October 11

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

  48. 2011 October 15

    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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