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Slots.com Picks SnapNames and Moniker for Domain Name Auction

Slots.com’s owner announced that they have picked SnapNames and Moniker, both companies of Oversee.net(R) , to manage the long-awaited auction for Slots.com. This showcase auction will only feature Slots.com.

The auction begins online on May 5th, 2010 at 12:00 noon U.S. Eastern time and ends on May 12th, 2010 at 3:15 p.m. U.S. Eastern time. Interested individuals and groups can see and bid at snapnames.com.

Christina Renee, the communications manager at Slots.com, said that they are very excited that the gaming industry’s leading domain name auction groups-SnapNames and Moniker, have agreed to handle their online auction. She said that their one-of-a kind technology platform and their solid reputation for excellence provide for a stable and honest bidding process.

The auction for the online site has attracted a lot of interest in the casino industry with potential bidders preparing for the auction. With slot machine games accounting for as much as seventy percent of casino gaming revenue, this auction will be one of the most highly anticipated domain names auctions this year.

The founder of Moniker, Monte Cahn, said that this auction gives a one-of-a kind chance to acquire a domain name that is an appropriate match for one of the most well-known games in the casino gaming floor. Cahn said that they are happy to offer investors the chance to participate in a venture that has improved consistently year-by-year.

Cahn’s beliefs are supported by a recent H2 Gambling Capital study which found that the overall value of the worldwide e-gaming market rose from $23.5 billion dollars in 2008 to $26.6 billion dollars in 2009. H2 now believes that its worth will improve to $36.5 billion dollars by 2012.

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