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April 28, 2011 04:32 pm GMT

Media Corporation Sells Gambling.com To Unnamed UK Company For $2.5 Million

Sedo will announce shortly that it has sold the most expensive domain name of this year so far in its third biggest public sale ever handled behind sex.com ($13 million) and vodka.com ($3 million). The company has brokered the sale of gambling.com for $2.5 million in cash.UK-based Media Corpporation sold the domain to an unnamed company also based in the United Kingdom for 1.5 million in cash. According to the seller, the transaction formally completed on 27 April, with the receipt of funds and transfer of the domain name.

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