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May 23, 2019 02:57

You are browsing the archive for LasVegas.com.

7X Bigger Than Las Vegas In Gambling Revenue, Macau.com Hits The Market

Earlier this month we learned that LasVegas.com sold back in 2005 for what could be up to $90 Million Dollars. In August the sale of Vegas.com was announced to a public company in a deal that could be worth $38 million dollars. In both instances, Vegas has consistently set the record valuation marks as the most valuable destination-specific website […]

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Report: Vegas.com Bought LasVegas.com in 2005 For Up To $90 Million Dollars

George Kirikos spotted an SEC document showing that Vegas.com purchased LasVegas.com  in 2005, for what could be up to a $90 Million Dollars. “In June 2005 , VEGAS.com, LLC entered into an agreement for the purchase of LasVegas.com on the following terms: The agreement specified that a $12,000,000, one-time payment be made upon execution of […]

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Almost 9 figures : LasVegas.com sold for $90 million dollars!

Domain investor extraordinaire, George Kirikos, has dug up the financial reports of the Vegas.com owners. According to Kirikos, Vegas.com paid $12 million dollars in cash in 2005, to acquire the domain LasVegas.com. But that’s just the tip of the iceberg. The analysis of the financial statements reveals that LasVegas.com was sold for an astounding $90 […]

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