Gambling.com sale incurs loss

29 Apr 2011

The sale of the domain gambling.com led to a loss of $1.8m for Media Corporation, The Financial Times reported.

Media Corporation inherited the domain when it took over Newbold who owned it, the report explained.

However Media Corporation has since suffered financially because of the US clampdown on online gambling, but continues in the online gambling business, according to the Financial Times.

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	Gambling.com sale incurs loss 29 Apr 2011 The sale of the domain gambling.com led to a loss of $1.8m for Media Corporation, The Financial Times reported. Media Corporation inherited the domain when it took over Newbold who owned it, the report explained. However Media Corporation has since suffered financially because of the US clampdown on online gambling, but continues in the online gambling business, according to the Financial Times.

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Gambling.com sale incurs loss