An unknown investor has gained controlling interest in Pinnacle Sports.
The change in hands could be due to Pinnacle's withdrawal from the UK market at the end of 2014 as a result of the point-of-consumption and secondary licensing regulations.
Pinnacle had left the US market officially after the implementation of the UIGEA in late 2006; however it had not really excluded US players until 2012 when it was brought up in federal charges against Cantor Gaming exec Michael Colbert.
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sharpe
02/24/15, 03:02:13 PM
Pinnacle Sports is amongst the leading online sports bookmakers in the world and I think this news is interesting. They are not at the US and British market anymore...
Pinnacle Sports is amongst the leading online sports bookmakers in the world and I think this news is interesting. They are not at the US and British market anymore but still a large company and I believe that this change in controlling Interest will make Pinnacle even better bookie.
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