Casino Domain Name Falls Short

A Florida based auction house is claiming that one of the most recognizable names in the world didn't claim the cash that they were expecting. WallStreet.com failed to meet the required bids for sale this past weekend and now is set to be tried again at a later date.

Auctioneers were expecting this domain name to set records, and even beat records at the auction but it didn't even come close to the reserve price and the highest bid offered was only three million dollars, which happens to be higher than the believed price when last sold.

To sell a domain name like this for the price that they are looking for some specialist say that you would have to have a clear idea and plan of action for what you wanted to do with the site once you have it because there is no real inherent value of just the name. The market is
still in good shape despite improvements in search engine technology, the names of sites used to be more important that the content on the sites but that just doesn't hold true anymore.