Zodiac Capital Limited (ASX: ZOD) advises that it has entered into an agreement to acquire a controlling interest in the dot-com Japanese domain name for “gambling”, (”ギャンブル”, pronounced “Gyanburu”).
ギャンブル .com is an IDN (International Domain Name) Internet portal and vertical indexing directory specializing in online, mobile (cellular phone) and traditional (brick & mortar) gambling and related businesses offered in the Japanese language. ギャンブル is “gambling” as written in Kana - the most commonly used term for gambling in Japan.
“Gyanburu” is the Rōmaji (anglicized) version of ギャンブル.
Under the terms of the Acquisition Agreement exchanged over the weekend, the Company will fund the final development and commercialisation of the Gyanburu domain as the premier Internet portal for the Japanese gambling industry. Details of the Agreement are as follows:
Payments totalling $150,000 to the current owner of the domain
Two-year funding of the business plan to a total of $450,000
Development of a stand-alone Australian corporation to commercialise the Gyanburu domain
Mr. S. Allan Marquardt, president of 131486 Alberta Ltd., owner of the Gyanburu domain, said “The Japanese gambling industry revenue is recognized as the largest in the world and is estimated to be in excess of US$300 Billion. With the Zodiac involvement, the Gyanburu domain could become the natural internet destination for Japanese speaking gamblers worldwide.”
(Source: IDNNews.com, 2008-1-14)
ギャンブル .com is an IDN (International Domain Name) Internet portal and vertical indexing directory specializing in online, mobile (cellular phone) and traditional (brick & mortar) gambling and related businesses offered in the Japanese language. ギャンブル is “gambling” as written in Kana - the most commonly used term for gambling in Japan.
“Gyanburu” is the Rōmaji (anglicized) version of ギャンブル.
Under the terms of the Acquisition Agreement exchanged over the weekend, the Company will fund the final development and commercialisation of the Gyanburu domain as the premier Internet portal for the Japanese gambling industry. Details of the Agreement are as follows:
Payments totalling $150,000 to the current owner of the domain
Two-year funding of the business plan to a total of $450,000
Development of a stand-alone Australian corporation to commercialise the Gyanburu domain
Mr. S. Allan Marquardt, president of 131486 Alberta Ltd., owner of the Gyanburu domain, said “The Japanese gambling industry revenue is recognized as the largest in the world and is estimated to be in excess of US$300 Billion. With the Zodiac involvement, the Gyanburu domain could become the natural internet destination for Japanese speaking gamblers worldwide.”
(Source: IDNNews.com, 2008-1-14)
