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Betsson Ring in Changes in New York Stock Exchange
May 28th, 2009

Demonstrating the softening attitude towards online gambling in the U.S, Betsson CEO Pontus Lindwall, yesterday rang the closing bell of the NASDAQ stock exchange in New York.

Betsson, which is listed on the NASDAQ OMX Stock Exchange in Stockholm, is one of the fastest growing publicly listed online gaming companies in Europe. In the course of 2007, Betsson’s stock value increased by over 380% as a result of the company’s strong performance in the gaming sector.

Mr. Lindwall presided over the closing bell ceremony on Wednesday at the NASDAQ Marketsite broadcast studio in New York’s Times Square.

Another area where winds of change are imminent is the National Football League (NFL). Faced with diminishing revenues as a result of the economic crisis in the U.S, club owners of the NFL voted unanimously last week in favour of allowing individual teams to sign deals with state -sponsored lotteries.

The change in policy was approved 32-0 by NFL club owners last Wednesday on 20th May, 2009.

Under the new rule, NFL clubs will be allowed to use their logos on lottery scratch-cards for the first time, with the ruling taking effect in time for the start of the 2009 NFL season in August.

Just days after the new rule was approved, both the Washington Redskins and the New England Patriots have reached agreements with the Virginia Lottery and Massachusetts State Lottery respectively, both of which will launch licensed NFL instant tickets for the 2009 season. Other teams are also said to be in talks with their respective state lotteries.

Having been a staunch supporter of the UIGEA and vocally anti-gambling, NFL Commissioner Roger Goodell was quick to deny charges that the changes would have an impact on the link between football and gambling.

Written for OnlineBingoReviews.com by Joy

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