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 in the world.
Now the website and domain address Macau.com has hit the market.
Yes Macau is the world’s top casino market, with gaming revenues ... read more ...
Tag Archives: lasvegas.com
Mon 30th November 2015
Fri 6th November 2015
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 the agreement along with monthly payments of approximately $83,000 for 36 months, $125,000 for the next 60 months, and then $208,000 for the next 36 months.
Per ... read more ...