First five figure reported sales of HINDI IDN.com

[catchnames]

http://www.inforum.in/indian-idns/8148-not-good-sign-indian-idn.html#post29257

[Admins : if you find link objectionable,please edit it.]
"Well, it was a pretty good domain.
कैसिनो.com - Casino.com
Was going to hold out for much more, but had some expenses at the time, and settled for 10k"

[Steve Clarke]

Just to clarify,

कैसीनो.com
xn--11b2b6b6a0bv.com
Was the name sold.:)

[tee1]

:clap:

[tee1]

[Admins : if you find link objectionable,please edit it.]


my objection is that I was hoping to acquire a few more Hindi domains, well so much for that, maybe we can keep it quite :)

congrats to the buyer and seller.

[Kent99]

It would be nice if the seller would submit it to DNJournal. Congrats

[domainguru]

I'm no kind of cynic but is there any independent evidence this sale happened, confirmation from the buyer perhaps?

[jose]

I'm no kind of cynic but is there any independent evidence this sale happened, confirmation from the buyer perhaps?

We still have a long way to go before we learn how ascii big sharks do it. You know what I am talking about don't you? :rolleyes:

[domainguru]

We still have a long way to go before we learn how ascii big sharks do it. You know what I am talking about don't you? :rolleyes:

Rarely ;-)

[Steve Clarke]

Yes, it was indeed a sale.

Just checking my emails.

Escrow proceedings were initiated, on September 19th, 2010

I sold the name to someone representing a
company out of Las Vegas.

The Whois will confirm this.:yes:

Steve.

[domainguru]

That's great Steve, well done.

So you saying you didn't know it was a Las Vegas company when you sold it, they went through some inbetween to keep the price as low as possible? Anyhow, $10K is $10K !!

[DavyBUK]

Congrats Steve. Great news.... :-)

[Steve Clarke]

Yes, I wasn't aware it was a Vegas company till today, when I checked the Whois.

However, I can tell you he was a very good negotiator.....we went at it for 3 weeks till we were able to bring it to a conclusion.

I still would not have done the deal on my end, but my wife kept mentioning how badly she wanted to go on a vacation.LOL

[yanni]

Congrats!

:clap:

[jose]

Congrats!!! Almost sold for pennies three years ago: http://www.idnforums.com/forums/20467-more-bargains-various-languages-incl-%E0%A4%B0%E0%A4%82%E0%A4%97%E0%A4%B2%E0%A5%87%E0%A4%AA-com-paint.html

Please be sure to make idnjournal know about this.

[alexd]

Well done - I hope you and your wife enjoy the vacation !!

[squirrel]

Félicitations Steve

[squirrel]

seems to me like the buyer could be this guy

http://www.linkedin.com/in/vanhara

guessing

In any event, the buyer is on a mission, owns some other stuff like
חריצים.com
骰子.com

[phio]

Fantastic News! Congrats Steve!

[Wot]

Great stuff Steve.

Guess it is spent by now!

[domainguru]

seems to me like the buyer could be this guy



guessing

In any event, the buyer is on a mission, owns some other stuff like

He's just the guy that helped the buyer form the LLC isn't he?

Anyway, I'm confused, good sale regardless. Shame casinos are illegal in Thailand :p

[squirrel]

He's just the guy that helped the buyer form the LLC isn't he?


yeah, thought about it afterwards, could be a shelf company.

We know it's not Rick though, cuz the name of the LLC would have been in CAPS

[TrafficDomainer]

Congrats Steve. Great sales indeed! I think it's a tradeoff between what you can do with the money today, go on a vacation with your wife and perhaps have a little of money left to reinvest in something else that could grow in value as well.

Based on Google Keyword tools alone, the term "कैसीनो" got about just 12 monthly searches. But with India's gambling market being estimated at $60 billion per year, the buyer is surely planning for the long haul and when more Hindi speakers come online then he will recoup his investment many times more.

More info from Wiki about Gambling in India at http://en.wikipedia.org/wiki/Gambling_in_India

"Gambling in India is heavily restricted, although there is extensive illegal gambling throughout the country. The Indian gambling market is estimated to be worth US$60 billion per year, of which about half is illegally bet.[1]

Only two states allow casino gambling, Goa and Sikkim.[2] There is one casino in Sikkim and 12 in Goa, of which seven are land based and five are floating casinos that operate on the Mandovi River.

Other than lotteries, legal gambling in India is limited to betting on horse racing.

Online gambling is in its infancy in India, but Sikkim plans to offer three online gambling licences in 2010.[3] Sikkim also permits an online lottery, operated by Playwin, which takes bets from players throughout India. It is expected that other states will follow Sikkim shortly, thereby opening up a major online gambling market throughout India"

[Wot]

Congrats Steve. Great sales indeed! I think it's a tradeoff between what you can do with the money today, go on a vacation with your wife and perhaps have a little of money left to reinvest in something else that could grow in value as well.

Based on Google Keyword tools alone, the term "कैसीनो" got about just 12 monthly searches. But with India's gambling market being estimated at $60 billion per year, the buyer is surely planning for the long haul and when more Hindi speakers come online then he will recoup his investment many times more.

More info from Wiki about Gambling in India at http://en.wikipedia.org/wiki/Gambling_in_India

"Gambling in India is heavily restricted, although there is extensive illegal gambling throughout the country. The Indian gambling market is estimated to be worth US$60 billion per year, of which about half is illegally bet.[1]

Only two states allow casino gambling, Goa and Sikkim.[2] There is one casino in Sikkim and 12 in Goa, of which seven are land based and five are floating casinos that operate on the Mandovi River.

Other than lotteries, legal gambling in India is limited to betting on horse racing.

Online gambling is in its infancy in India, but Sikkim plans to offer three online gambling licences in 2010.[3] Sikkim also permits an online lottery, operated by Playwin, which takes bets from players throughout India. It is expected that other states will follow Sikkim shortly, thereby opening up a major online gambling market throughout India"


Somebody just paid $42K for Sportsbetting.in which I think is a very dodgy buy under current restrictions-may change of course..

[domainguru]

Somebody just paid $42K for Sportsbetting.in which I think is a very dodgy buy under current restrictions-may change of course..

Yeah, could get more restricted ;-) many Asian countries are going the more not less restricted route.

[Steve Clarke]

Sale Info, submitted to DNJournal.

[Rubber Duck]

Somebody just paid $42K for Sportsbetting.in which I think is a very dodgy buy under current restrictions-may change of course..

They probably think it mean Indiana.

[blastfromthepast]

Congrats!

[bwhhisc]

Yes, it was indeed a sale.
Just checking my emails.
Escrow proceedings were initiated, on September 19th, 2010
I sold the name to someone representing a
company out of Las Vegas.
The Whois will confirm this.:yes:
Steve.

Nice sale Steve...congrats to buyer and seller.

I hear the .net is available for $9,999 :p

[Steve Clarke]

Here is the Whois, Bill

कैसीनो.com

Domain Name: xn--11b2b6b6a0bv.com
Registered at http://www.dynadot.com

Registrant:
Sportal Systems, LLC
Domain Administrator
5348 Vegas Drive, 1163
Las Vegas, NV 89108
United States

However I still own this one, which is quite similiar:

कैसिनो.com
xn--11b2b6b2a6bv.com

[bwhhisc]

Here is the Whois, Bill

कैसीनो.com

Domain Name: xn--11b2b6b6a0bv.com
Registered at http://www.dynadot.com

Registrant:
Sportal Systems, LLC
Domain Administrator
5348 Vegas Drive, 1163
Las Vegas, NV 89108
United States

However I still own this one, which is quite similiar:

कैसिनो.com
xn--11b2b6b2a6bv.com

Yeah, I think the OP posted the 'wrong' domain in post #1 which was maybe your other domain.

Again, congrats on the sale. Lets hope Sportal Systems develops it.
That could be a newsworthy attention getter for Indian IDN domain names. :yes:

[Steve Clarke]

Yes, that was totally my fault.
Due to the similiarity, I mistankenly posted the wrong one in a response to a thread over at INForum.
Before I was able to correct it, it was already posted here.

For the lurkers from DNForum, theres an example while still early, of what a $7.25 investment can get you.
Better than fighting for peanuts on ascii names that are questionable at best.
This is only the beginning.

[has2hands]

congrats on sale....great news!

[Rubber Duck]

Well, actually selling this domain at this price was probably a mistake.

I should know. I have made a few.

[domainguru]

Well, actually selling this domain at this price was probably a mistake.

I should know. I have made a few.

Well, selling anything whilst prices are on an upward curve is a "mistake" in simple economic terms (unless you can term the resulting capital into more than the difference between the "now" price and the eventual "optimum" price (which of course you never know until after it has been and gone)).

But for countless reasons, life is more complicated than that.

In terms of what it does psychologically, mainly for the Hindi market and for IDNs in general, I don't think its a mistake. If this was 2012 - 2015 sure, but netting $10K sure beats thumb-twiddling for another year, particularly if, like Steve, you have plenty more irons in the fire.

[tee1]

Sale Info, submitted to DNJournal.
Great and again congrats!

you have plenty more irons in the fire.
RD you do have a couple of IDNs left .........:rolleyes:

[Steve Clarke]

It was definitely a mistake selling for $10,000...but I have over 2,000 renewals and several other expenses to look after.

If I only had a few good domains...that deal doesn't get done, at that price.
But, I've loaded up over the last 5 years. :eek:

[domainguru]

It was definitely a mistake selling for $10,000...but I have over 2,000 renewals and several other expenses to look after.

If I only had a few good domains...that deal doesn't get done, at that price.
But, I've loaded up over the last 5 years. :eek:

We are all perfect sellers in retrospect, but on the web, its a near impossible task, especially when you have no idea who you are talking to, what their budget is etc.

Just be happy you've made history with the first five figure Hindi domain sale. Nobody can rewrite history, though many try.

[Drewbert]

It was definitely a mistake selling for $10,000...but I have over 2,000 renewals and several other expenses to look after.


Next time you want to sell the family silver cheap, get in touch with me first :)

[Steve Clarke]

Just got turned down for DNJournal.

Response below:

Hi Steve:


Thanks for your note. This sale is now too old to include in our weekly sales report and the only older charts we maintain are annual top 100 charts which this sale would not be high enough to qualify for. Still a very nice IDN sale – congrats.



Best Wishes

Ron

[bwhhisc]

Just got turned down for DNJournal.
Response below:
Hi Steve:
Thanks for your note. This sale is now too old to include in our weekly sales report and the only older charts we maintain are annual top 100 charts which this sale would not be high enough to qualify for. Still a very nice IDN sale – congrats.
Best Wishes
Ron

"Every party has a pooper"

[drbiohealth]

Congratulations Steve!

[Rubber Duck]

"Every party has a pooper"

Ron has lost the plot.

Too much Love In with Rick.

Even the Godaddy Elephant story didn't make DNJ.

[bwhhisc]

Ron has lost the plot.
Too much Love In with Rick.
Even the Godaddy Elephant story didn't make DNJ.

He didn't have to 'break the rules' or even put it on his charts, but I think he did his readers a disservice not to at least report the news.

[TrafficDomainer]

Congratulations Steve!

Good to see you back Dr. Biohealth. I have seen from whois that you own quite a bit of ultra premium Hindi domains. I think your portfolio just rose just by this acquisition alone, congratulations. By the way the pic in your avatar, is that Bhagat Singh?

[TrafficDomainer]

He didn't have to 'break the rules' or even put it on his charts, but I think he did his readers a disservice not to at least report the news.

Maybe Ron wasn't thinking outside of the box and just following rules and "perhaps" Steve could write him and ask if he could consider reporting about this deal mentioning that although it didn't comply within the timeframe for DNJournal chart inclusion but it was verified and history was made for the first Hindi IDN to break 5 figures. Can't hurt to try. I think it will excite and wake up the market, not just for Hindi IDNs but other languages as well. Just my 2 cents

[bramiozo]

Congrats Steve (and your wife ;) ).

[Malika Sharma]

Congrats Steve! :)
Enjoy!

[555]

One other note while we are on the subject of domain sales. This week I learned that the first known five-figure sale of a Hindi IDN domain name was made late last year, however seller Steve Clarke just now got clearance to release the details. He got $10,000 for कैसीनो.com (puny code: xn--11b2b6b6a0bv.com) - which means "casino" in Hindi script.

http://www.dnjournal.com/archive/lowdown/2011/dailyposts/20110408.htm

[Malika Sharma]

"ब्लू फिल्में" (blue movies) have exact 12,100 matches (source: Google keyword tool)
It's so sad to see that there are hardly any other phrases/words being searched in such huge volume!

:(

I just so wish to see Hindi Domain market rise!

[Malika Sharma]

@555
Greetings!
Could you please tell me why have you posted this link? http://www.dnjournal.com/archive/lowdown/2011/dailyposts/20110408.htm

I can't see the sale information on DNjournal :(

[555]

I can't see

CTRL + F :)

http://screencast.com/t/NjcQzIjY

[bwhhisc]

One other note while we are on the subject of domain sales. This week I learned that the first known five-figure sale of a Hindi IDN domain name was made late last year, however seller Steve Clarke just now got clearance to release the details. He got $10,000 for कैसीनो.com (puny code: xn--11b2b6b6a0bv.com) - which means "casino" in Hindi script. http://www.dnjournal.com/archive/lowdown/2011/dailyposts/20110408.htm

Bravo Ron and DNJ! :clap:

[jose]

Hey, I need a like button!

[squirrel]

Nice to see the punycode next to unicode domain.
Posted via Mobile Device

[Malika Sharma]

CTRL + F was a great tip, thanks :)

[sbe18]

congrats Steve...

[Kent99]

Buyer owns 扑克.com (Poker.com) in Simplified Chinese as well. They have a fair number of domains. Might be a domainer rather than a casino operator, online or otherwise.

[kartik786]

For all those who are saying the name went cheap.. take a look at my signature.. few names going real real cheap :P

[Steve Clarke]

Posted at DNForum

HERE (http://www.dnforum.com/f17/first-5-figure-hindi-idn-sold-thread-453485.html)