A report has arrived this week that online sportsbook operator Pinnacle Sports which is subject of investigation of New York enforcement authorities, whose charges are to be heard in court on April 17, has voluntarily surrendered its Alderney license.
And while reasons for such a move haven't been specified, it is believed the decision to do this was linked to an enquiry by the Channel Isles-based Alderney Gaming Control Commission, which announced that it was investigating Pinnacle Sports Europe Ltd. "....to ensure that the licensee is operating in accordance with approved operating procedures.”
The outcome of the investigation and the court hearing remains to be seen.
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