The domain name gambling.com has been sold to an unnamed buyer in the largest domain transaction so far in 2011.
However, the $2.5 million recouped by Media Corporation represents a huge loss on the $20 million it paid for the domain name in 2005.
The enacting of the Unlawful Internet Gambling Enforcement Act has affected the value of the domain name over the past few years.
In addition, the owners of the website have been hit with penalties from Google twice since 2007.
The fee paid for the domain name trails behind the $5.5 million paid for Slots.com last year, but exceeds the $1 million paid for Poker.org.