What I find especially interesting about the story is that the domain appearently sold for more than twice the current reserve price in 2006.
“”In May 2005, Media Corp paid $20 Million Dollars cash for gambling.com, ten times the amount it earned the previous year.”
“The following year, the portal, which provided information on gambling to punters and directed them to other websites where they could have a flutter, generate $US5.5m from advertising.”
“However, in October 2006, America effectively banned online punting, forcing Media Corp to withdraw from the United States overnight, essentially stripping the business of any value.”
So if that story is right, the current reserve is less than 1/2 of what the domain sold for almost 6 years ago.
Its a very interesting domain with huge upside especially if the US ever lifts the ban on gambling.