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Man learns casino losses not deductible
NEW YORK, March 18 (UPI) -- A New York auctioneer said Thursday the auction of one of the most sought-after Internet domain names, sex.com, has been postponed.
The postponement was announced on the Web site of auctioneer David R. Maltz & Co. Inc., but the announcement did not mention the reason for the delay or whether a new date had been set. Bidding had been expected to open Thursday at $1 million.
Auctioneer Richard Maltz had said the company was hoping to attract a lot of interest in sex.com, which is currently owned by New Jersey lender DOM Partners, the New York Daily News reported.
"It's one of those things you never know until the day of," Maltz said of the number of bidders. "We're hopeful we'll have a lot, but we also know not that many will have the ability to write a check for whatever it will sell for."
DOM Partners took ownership of the domain after pornography site operator Escom, which purchased sex.com for a reported $14 million in 2006, defaulted on a loan.
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Pop icon Madonna says she "wasn't happy" after rapper M.I.A. flipped her middle finger at a camera during the Super Bowl halftime show in Indianapolis.
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