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Changes Afoot

Net Entertainment has announced a change that will have little effect on the company’s online casino gamblers and licensees but will undoubtedly positively affect the company’s bottom line and growth within the market. The online casino gambling industry is hugely competitive and Net Entertainment has done an excellent job of differentiating the company’s services and gambling platform from the mainstream. NetEnt boasts that its betting and gambling platform is highly unique and offers internet gamblers a cohesive and superior gambling experience through the CasinoModule platform.

The news this week from NetEnt centers on the company’s stock market placement. NetEnt is a Swedish based online casino gambling software provider that has a niche market in Europe. The company released its signature product earlier this year and has since developed a solid reputation and the interest of the online casino gambling at large. Although the online gambling platform has just a handful of licensees, it is well respected and experiencing some organic growth in the market as the internet casino gambling industry expands.

NetEnt announced that the company is changing its stock marketplace form NGM to OMX Nordic Exchange. The change was just announced but will not actually take place for many moons. According to the press release from NetEnt the change will occur March 31, 2009. The analysts and the rest of the online casino gambling industry has not yet weighed in on this decision and there is no clear information on how this will hinder or benefit the company. It will certainly not effect the online casino gamblers and bettors operating on the company’s network of gambling on the CasinoModule platform.