A Review of CES Host City Core Domain Name Transactions: The Capital Game Between Vegas.com and LasVegas.com

As the permanent host city of the Consumer Electronics Show (CES), Las Vegas’s core domain names, Vegas.com and LasVegas.com, have always been a focal point of the domain name market. Both domain names set record-breaking transaction prices, highlighting the core value of digital assets related to the CES host city.

A Review of CES Host City Core Domain Name Transactions: The Capital Game Between Vegas.com and LasVegas.com

域名交易详情

In 2005, Vegas.com LLC acquired the rights to use LasVegas.com through a highly innovative “lease-to-buy” arrangement. The transaction structure was complex: a $12 million down payment was made upon signing, followed by installments, increasing gradually from approximately $83,000 per month. The total consideration was projected to reach a staggering $90 million by June 2040 when ownership was finally transferred. This transaction established the extraordinary value of top-level geographic domain names at the time.

A Review of CES Host City Core Domain Name Transactions: The Capital Game Between Vegas.com and LasVegas.com

The core Vegas.com domain name itself has seen its value reflected in several overall business acquisitions. In 2015, Remark Media acquired Vegas.com LLC for $25 million ($15.5 million in cash + 9.5 million in stock). In November 2023, this digital asset changed hands again, with ticketing platform Vivid Seats acquiring it for a total of $240 million ($151.2 million in cash + 88.8 million in stock). The domain name itself was not valued independently; its value is deeply tied to its established local travel booking platform and business.

A Review of CES Host City Core Domain Name Transactions: The Capital Game Between Vegas.com and LasVegas.com

The domain name ad was filmed in Las Vegas

Project Investment and Value Growth

These transactions clearly demonstrate the value evolution path of a digital project. The operators of Vegas.com LLC not only invested heavily in the core asset of Vegas.com, but also proactively controlled the associated domain name LasVegas.com through long-term, phased acquisitions, creating a strong brand moat. From $25 million in 2015 to $240 million in 2023, the overall valuation increased nearly tenfold in eight years. This not only reflects the development of its business but also confirms the long-term appreciation potential of the “.com” top-level domain as a scarce digital asset. The continued high-value investments and transactions involving these two domain names are deeply intertwined with Las Vegas’s cultural and tourism industry advantages, built upon international exhibitions like CES. Offline, Las Vegas serves as the stage for CES; online, these two exorbitantly priced domain names act as important landmarks in its digital world. Their transaction history is a classic case study of integrating internet domain name investment with digital business.

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