Providing proof that Internet casinos have more cash than they know how to spend, online gambling site GoldenPalace.com announced on Wednesday that it paid $650,000 for the rights to name a new species of monkey.
The “GoldenPalace.com Monkey” will even have a formal name of Callicebus aureipalatii, Latin for Golden Palace.
Though the U.S. government says it is illegal for online casinos to take bets in the United States, offshore companies continue to make boatloads of cash. More than 2,000 gambling web sites are estimated to pull in $10 billion in revenue, mostly from U.S. consumers, according to Christian Capital Advisors.
GoldenPalace.com has been going on a buying spree over the past year. The latest publicity stunt follows the company’s affinity for eBay purchases, including $28,000 for a partially eaten grilled cheese resembling the Virgin Mary, and $12,000 for the right to name one of a Virginian woman’s soon-to-be-born triplets. |