December 3, 2012
NASDAQ OMX announces that the trading in Betting Promotion AB (short name: BETT) shares will commence today on First North at NASDAQ OMX Stockholm. Betting Promotion belongs to the Consumer Services sector and is the ninth new company to be admitted to trading on First North in 2012. Betting Promotion was previously listed on NGM Equity. This marks the 30th switch from NGM to NASDAQ OMX Nordic markets.
Betting Promotion is a betting company that trade in large scale on sporting events with a small and efficient organization and high degree of automation. A majority of Betting Promotion’s turnover comes from betting exchanges where they have been market makers since 2003. The betting exchange is an open market place where buyers and sellers meet and decide the odds and the volume for the bets. The company also delivers odds to bookmakers who are given risk free access to updated odds and Betting Promotion’s liquidity. For more information, visit www.bettingpromotion.com.
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