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MARKETING FIRM BUYS POKER DOMAIN FOR $750K, BREAKING RECORD FOR A DOT-NET BY MICHIGANBETS' BRIAN PEMPUS

MIBets

Online poker in the U.S. is slowly stirring back to life, even though it technically never left. A record-setting sale of a poker domain could be more evidence that the gambling vertical has a bright future in the U.S.

In the nearly 10 years since online poker’s so-called Black Friday in April 2011, unregulated offshore sites and regulated poker sites in a few states have filled the void created from a federal government crackdown on global online poker juggernauts.

Last week, Poker.net reportedly was sold for $750,000 to the Minnesota-based marketing ADX Labs. It marks the new record for a .net domain, crushing the $500,000 price tag for Mobile.net a handful of years ago, according to DN Journal, which covers the domain industry.

Minnesota doesn’t have regulated online poker, and it doesn’t look to have it anytime soon.

In the online poker world, .net domains for poker sites typically are the free-play version, with .com used for the platform offering real-money games.

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