Good News for Gambling Domain Owners | DomainInvesting.com
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Good News for Gambling Domain Owners

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According to an article appearing in Reuters today, it looks like Democratic lawmakers may be pushing for an end to the ban on Internet gambling to quell anger from the European Union. If this happens, owners of gambling domain names may be more free to monetize them and have higher payouts.

From the article:

“A senior Democratic lawmaker will push legislation this year to repeal a U.S. ban on Internet gambling that has hurt trade ties with the European Union, a congressional aide said.

“The bill introduction should happen in the next month,” a spokesman for House of Representatives Financial Services Committee Chairman Barney Frank said.”


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (7)

    Kevin M.

    So is this the ‘business’ you were thinking about as you drove to NH? ­čśë

    February 20th, 2009 at 6:20 pm

    Tim Davids

    it will probably happen someday but a lot more money will change hands first…wink wink

    They will probably trade this for a vote on something else

    Hope I’m around when it does happen though…cha ching

    February 20th, 2009 at 9:20 pm

    Cedrick Reese

    This is great news if it happens. I have a poker forum domain that I have been wanting to develop. Or should I just go ahead and develop it?

    February 21st, 2009 at 10:09 am

    Michael Carter

    i think internet gaming regulation is the way to go – just not sure politicians can get this done in the foreseeable future – however, they will be motivated by adding tax revenues to their state coffers, especially given the current economic environment – i guess we’ll have to wait and see.

    February 21st, 2009 at 1:22 pm

    jp

    So I know that boose, guns, cigarettes and sex do well in a bad economy. I wonder if legislations like this is also a result?

    February 21st, 2009 at 11:35 pm

    poker game developers

    wishing so much that this will be push through!

    March 9th, 2009 at 4:10 am

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