Difference between revisions of ".vegas"
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Revision as of 00:43, 10 January 2013
| Status: | Proposed |
| Type: | GeoTLD |
| Priority #: | 1504 |
.vegas is a proposed new GeoTLD to ICANN's new gTLD expansion program, the application was submitted by Dot Vegas Inc. with the support of the city of Las Vegas.
Background
There was initially contention between different companies that were seeking the approval of the city of Las Vegas in order to apply and run the .vegas registry; the endorsement of the city associated with the TLD is required by ICANN. Dot Vegas Inc. started preparing its proposal for the .vegas TLD in 2007. Its application with ICANN was evenutally supported by the Las Vegas City Council, the City of North Las Vegas, Las Vegas Convention and Visitors Authority, the Nevada Development Authority, and the Las Vegas Chamber of Commerce. [1] Greenspun Corp., operator of Vegas.com also sought approval for the .vegas gTLD. Brian Greenspun, Chairman & CEO of the company questioned the endorsement of the Las Vegas City Council to Dot Vegas Inc. According to him, his company was willing to offer the city a better revenue-sharing agreement. He said, the "The city could do better than that at $1 per registrant."[2] Greenspun's application was supported by Clark County. The company offered a $1.50 revenue share to the county for every registered domain name or 10 percent of the yearly gross revenue.[3] Commissioner Steve Sisolak believed that Clark County should also earn revenue from the TLD. He said that he offered a partnership agreement with the Las Vegas City government to share the revenue that will be generated from the TLD but the proposal was rejected by Mayor Oscar Goodman. This prompted him to encourage his fellow commissioners from Clark County to support Greenspun's application for the .vegas string.[4]
The Las Vegas City Government and Dot Vegas Inc. signed a revenue-sharing agreement. Based on their agreement, the city will receive $0.75 for every .vegas domain name registered or 10 percent of the company's gross annual revenue per year if ICANN approves its application. James Trevino, CEO & President of Dot Vegas Inc. expects 300,000 to 500,000 domain names will be registered during the first year of operation of the .vegas TLD. [5]