NorthStar Gaming has ventured into the OTCQB Venture market in the U.S. It will now be possible for NorthStar Bets to trade its regular shares under the name NSBBF.
Furthermore, the company declared that its regular shares will be used for electronic clearing and settlement purposes in the U.S. via the Depository Trust Company (DTC). This is an affiliate of the Depository Trust and Clearing Corporation, an organization involved in electronic clearing and settlement for publicly traded businesses in the U.S.
According to the Chairman and CEO of NorthStar Gaming, Michael Moskowitz, they can now provide various options for trading their shares, a step forward in enhancing their investment proposal. In his viewpoint, the facility to carry out trade on the OTCQB and DTC will bring about better liquidity and an overall improved experience for the U.S. investment community.
In the company’s opinion, the OTCQB is an excellent market for upcoming businesses, as it offers global entities better connectivity with multiple investors, smaller setups, and self-operated investors.
Based on the latest Canadian gambling news, NorthStar Gaming’s regular shares, they will remain trading on the TSX Venture Exchange. For the company, trading on the TSX Venture Exchange was initiated in March 2023 after its reverse acquisition of Baden Resources.
It was in December 2023 when NorthStar Gaming formed an association with BetterView, the intention being to enhance its player acquisition abilities, targeting bar and restaurant visitors. BettorView is known to offer bars and restaurants substantial amounts of custom-made promotional material through which they can track the wagering-related information that is displayed and forward it accordingly.
