Bodog Life Valued at $3 Mil

It's been nearly a year since the Bodog Group lost its coveted domain name Bodog.com.  For months following a patent infringement ruling against the company, Bodog lost precious search positions and untold number of customers who probably just assumed Bodog had gone kaput. 

Bodog Founder Calvine Ayre was quick to get a new domain name in its place.  After initially going with NewBodog.com (which is still accessible), Ayre finally settled on Bodog Life, which looks to capitalize on the concept of "life style".

Apparently it is working, even without a whole lot of branding on the part of Ayre and his group.  Gambling911.com can reveal that the domin name BodogLife.com is now worth an estimated $3.05 million and climbing.  Bodog.com, which remains dormant, is worth an estimated $134,o00.  Not too shabby for a domain name that has only been around for 7 months and three days.  It should be noted that Bodog as a company is worth far more than $3 million.  In fact, Ayre was featured on the cover of Forbes 2006 Billionaire's issue.

Last year, 1st Technology sued Bodog Entertainment Group SA before Judge Roger L. Hunt in a federal court in Nevada USA, alleging the online gaming company was illegally using a "method and system for interactively transmitting multimedia information over a network which requires a reduced bandwidth," according to court documents.

1st Technology LLC is described as "a leading technology licensing company with a patent portfolio of advanced Internet and multimedia innovations, including patents to deliver high quality multimedia for online gaming products". The company is headed by Dr. Scott Lewis, and includes licensees Paradise Poker, Chartwell Technology, Playtech Ltd., Sportingbet, and Excapsa Software.

Ayre has refused to pay Lewis a dime, claiming he is nothing more than a "patent troll".  Lewis claims otherwise.

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Christopher Costigan, Gambling911.com Publisher CCostigan@CostiganMedia.com

Originally published April 7, 2008 12:30 am EST