Casino770 Acquires 770.com through Sedo for £175,000 GBP

Sedo, the leading online marketplace for the buying and selling of Internet domain names, has brokered the sale of 770.com for £175,000 GBP to Casino770, an online gaming operator.

(PRWEB) April 12, 2008 -- Casino770,has purchased the domain name from a private investor. The acquisition of the domain name will enable the company to expand its online web presence and market the 770 brand more heavily.

"In such a competitive online gaming market, it's crucial we secure the right names to grow and develop the company's online brand," said a Representative for Casino770. "Using Sedo's trusted marketplace and brokerage service, the business has secured an unforgettable name. It's short and sweet and fits the brand like a glove."

Short generic names like 770.com are red hot commodities - far more so than a physical business address. Any growing business looking to make its Internet presence felt will know its online strategy and domain portfolio are key components to successful brand development.

"We're pleased to have brokered such a high profile sale," said Nora Nanayakkara, director of business development for Sedo UK. "Short generic names like 770.com are red hot commodities - far more so than a physical business address. Any growing business looking to make its Internet presence felt will know its online strategy and domain portfolio are key components to successful brand development."

Sedo's online marketplace now lists over 10.5 million Internet domain names. It holds regular auctions for buyers and sellers and provides services ranging from domain buying, selling and monetisation to brokerage services and Internet domain appraisals. These can all be found through www.sedo.co.uk.

Top 10 domain names sold by Sedo:

1. Vodka.com ($3m)
2. Chinese.com ($1.1m)
4. Website.com ($750,000)
5. Telecom.com ($700,000)
6. Annuity.com ($600,000)
7. Gays.com ($500,000)
8. Gibraltar.com (US$ 360,000)
9. Sport.co.uk ($265,000)
10. Mobile.co.uk ($247,000)

About Sedo
Sedo, an acronym for "Search Engine for Domain Offers," is the leading online marketplace for buying and selling domain names and websites. With offices in America, Germany and the United Kingdom, Sedo has assembled the world's largest database of domain names for sale, with more than 10.5 million listings. The success of Sedo's model has attracted a global membership base of more than 600,000 domain professionals. Sedo is majority-owned by AdLINK Group (ISIN DE0005490155 / German WKN: 549015), which is part of the German United Internet AG (ISIN DE0005089031/ WKN 508903). Sedo offers regional versions of its site for the UK (Sedo.co.uk), France (Sedo.fr), Germany (Sedo.de), and Spain (Sedo.com).

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