Newgioco goes live on NASDAQ

Newgioco has started trading on NASDAQ under NWGID symbol until January 13, after which it’ll switch to NWGI.

US.- Technology supplier Newgioco has started trading on stock exchange NASDAQ.  Newgioco’s symbol will be “NWGID” until 13 January, when the symbol will change to “NWGI”.

“The listing of our common stock on the Nasdaq is a major milestone for the company and the result of approximately twenty years of dedicated business development in the regulated leisure betting industry,” Michele Ciavarella, Newgioco chief executive officer, said.

“We believe that listing on the Nasdaq should broaden our shareholder base by attracting new investors. Also, enhance Newgioco’s visibility in the marketplace and liquidity of our stock. Ultimately, to build long-term shareholder value.”

Newgioco expansion

The sports betting segment continues to expand all across the US and companies are taking advantage of it. That’s why supplier Newgioco signed a deal in DC, its second one in just a few weeks.

The betting technology specialist will provide the Grand Central sports bar and Capo deli with its ELYS platform.

Newgioco entered DC with Handle19

Newgioco will also supply Handle19 with its ELYS platform in its online and land-based sports betting business in Washington DC.

“We are very pleased to have selected Newgioco to partner with for our planned sports betting operations,” owner Shane August said.