The auction for Slots.com is live on SnapNames.com and already has 2 bids with a high bid of $4 Million Dollars.
The reserve on this domain name is listed on the site as north of $5 Million.
The auction ends in 6 days.
Should be interesting and you still have time to vote on the poll on the right
I was the first to have the sensation of a multi-million$ sale… 🙂
http://www.thedomains.com/2010/04/21/slots-com-auction-set-for-next-week/#comment-34022
could it break the domain prices record?
I love those “under reserve” bids.
I don’t see this domain beign worth 5 Million petunias.
Is the person that bid $4 million legally obligated to pay the price if the reserved were dropped?
That would be very funny.
(not related to phony)
most likely fake bids since they know the reserve is $6 million. I’m sure there will be many more bids under the reserve. No way this domain is worth anywhere near $6 million or even $4 million.
I love how you guys are basing this off of…nothing.
The Seller has the option of accepting a bid under the reserve and of course the highest bidder would then be obligated to complete the sale – that is already in our terms and special terms put out to each bidder.
I can assure you that the bid in the system is NOT a fake bid. The bidder was qualified and wants the domain.
Love to see them suddenly drop the reserve to $3.9 million 🙂
Got me all excited, before I saw reserve was not met.
I’ll never get that click back.
My guess. The bidders will not be from the US. And if a sale happens it can be only good for anyone that owns any gambling .com names.
Will be great new for the upcoming igaming auction:) Interesting timing
Does not matter if anyone “thinks”if it is worth it or not, that only matters to the buyer.
Hello Mike,
It comes as no surprise to me that slots .com is commanding these type valuations. The whole worlds financial underpinnings are riding on a similar slot machine mentality and it is called the International Derivatives Market. The dirty little secret behind todays and future down days to come are that our financial system is based solely on a house of cards mentality.
The huge intl. derivatives market is a 700 to 900 trillion $ playground that supposedly adds stability to financial markets. The exact opposite is true. Once the markets understand the nature of the false security it gives Intl. markets and they start unwinding their positions it is not going to be pretty. Be careful everyone !
Gratefully,
Jeff
Next big Bank Failure will be at the expense of Derivatives.
it’s not a secret.
@Domo
Of course it is not a secret TODAY, Question is were you short the market two weeks ago?
Gratefully,
Jeff
I don’t play stocks anymore , I did it for a living , first as a broker then day-trading , to much stress (specially when is your own money).
Pass.
If the market tumbles good opportunites ahead as usual , sadly it seems the recovery will take longer , let’s hope Portugal and Spain don’t be another Greece.
$4, 5, 6, 10 million? … sad to not have this domain to sell… 🙁
Interesting how some don’t even talk about the topic and just spew their rhetoric. Derivatives have been known for decades, did not need to be short two weeks ago, just since last thursday close, and yes I did go short, what this has to do with SLOTS. com who knows. Sorry Mike just can’t stand some of the commenters nonsense, and if you so worried why are you on a domain blog, get the water and the rations and hit the road.
the reserve price isn’t changed: $5M
current bid: $4,050,000
bidders: 2
time left: 4 d 11 h 47 m
What was the top bid?
Slots.com received a top bid of $5.5mm which the seller has accepted. We are working on closing the transaction now. This is a huge sale for the industry and for the gaming industry! Also great momentum going into today with all the great domains we have up for sale. The live Moniker auction is at 4 pm ET today
That is a nice sale for the seller.
Congratulations.
Across a number of blogs, it appears many domainers believe it is not worth anywhere near $ 4mil.
Well, as always they were wrong.
But, they are also the same ones that want to buy it for $ 50K and flip it for $ 3mil. As a general rule, I ignore valuations of domainers. Most have there own agenda and a lowballing mindset.
It is also interesting to note that Valuate, com quotes an appraisal of $ 699K. And, then they want you to list the domain with their service at a lower price. Go figure.
Again, congratulations to the seller and Moniker.
Congrats on making the sale Monte!
I didn’t expect it to sell in this auction but am glad to be proven wrong in this case. Who was the buyer?
Domo, how does your foot taste?
If this domain became available again it would surely attract closer to 10M. These type of domains don’t really come up often.