1. 03-03-15 11:24 AM #1
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    Pinnacle Sports announces new ownership

    Pinnacle Sports made official today news of their new ownership.

    SBR has spoken with Pinnacle Sports managers prior to today concerning this announcement and confirmed that it is business as usual for players, however those who have been craving additional Asian and other global markets will soon see an even larger wagering cart.

    The press release is below:



    Pinnacle Sports announce new ownership & strategic vision (Mar 3, 2015)

    Leading online bookmaker, Pinnacle Sports, unveil new owners with a strategic vision for significant global expansion backed by cutting-edge product development.

    (Willemstad, Curaçao) Industry leading bookmaker, Pinnacle Sports, has confirmed a new majority ownership with an ambitious strategic vision. A deal was concluded in August last year that will see the Curaçao-based operation further capitalise on its unique bookmaking model, with a concerted drive into new global markets, backed by roll-out plans for cutting-edge new products.

    The expertise and industry-specific knowledge provided by the new ownership are expected to drive expansion into regulated markets, including Asia, along with significant upscaling of IT infrastructure.

    The announcement promises exciting changes for Pinnacle Sports’ large international customer base, but CEO, Paris Smith, was keen to stress that against this background of strategic change, the company is maintaining a business as usual focus - delivering the best value odds online.

    “I am extremely excited about working with our new major shareholder to realise a shared vision for Pinnacle Sports, which includes significant product enhancement and expansion into regulated territories. Though this deal denotes an important change for Pinnacle Sports, our customers should rest assured that the fundamental principles that make the brand so unique will not be compromised.”

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  2. 03-03-15 11:33 AM #2
    jjgold
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    I wonder if they're going to open it back up to the United Kingdom??
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  3. 03-03-15 11:36 AM #3
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    Quote Originally Posted by jjgold View Post
    I wonder if they're going to open it back up to the United Kingdom??
    Good question. The release does say they plan to expand into global regulated markets.
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  4. 03-03-15 12:11 PM #4
    Rudeboy
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    Get that British license
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  5. 03-03-15 12:19 PM #5
    jjgold
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    It seems to me pinnacle is going deep into Asia and getting away from many other parts of the world.

    I think pinnacle has to expand because it's taken a hit the last three years
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  6. 03-03-15 01:07 PM #6
    minet123
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    Quote Originally Posted by jjgold View Post
    It seems to me pinnacle is going deep into Asia and getting away from many other parts of the world.

    I think pinnacle has to expand because it's taken a hit the last three years
    Do you have any idea how huge their Cagayan Office is
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  7. 03-03-15 01:21 PM #7
    jjgold
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    Minet it seems their focus is to get away from USA Sports


    Other than a little bases and nba Asians do not bet NFL or college football

    Soccer is where all money is
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  8. 03-03-15 01:28 PM #8
    TheMoneyShot
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    Quote Originally Posted by jjgold View Post
    I wonder if they're going to open it back up to the United Kingdom??
    Forget UK... how about the USA? Will they open up for USA players?

    Have some balls. DO IT.
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  9. 03-03-15 01:29 PM #9
    minet123
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    Quote Originally Posted by jjgold View Post

    Soccer is where all money is
    True to a point
    but the big syndicates In Macau or HK or Moscow know that the sharp money is always towards MLB and NCAA BB Totals no matter what the EPL fixture looks like
    Anything else is a guess
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  10. 03-03-15 01:32 PM #10
    jjgold
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    Minet make some calls....get them to accept UK residents again
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  11. 03-03-15 02:48 PM #11
    okchess
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    Are they going kick out Russia from Pinnacle? since 2014 www.pinnaclesports.com is blocked in Russia, mirrors www.pin1111.com and www.pin111.com are working
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  12. 03-03-15 04:38 PM #12
    jjgold
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    I am sure some changes are coming

    Nobody keeps any business the same when new owners come in

    It can go two ways here.........they will just make Pinny a William Hill type book or they continue to try and build current model
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  13. 03-03-15 06:52 PM #13
    TheMoneyShot
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    To the new owners of Pinnacle Sports...

    Do the right thing... allow the USA to wager with you again.
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  14. 03-03-15 07:39 PM #14
    jjgold
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    Pinnacle sports will never be allowed back in the USA are they are very legal operation now
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  15. 03-03-15 07:46 PM #15
    Thor4140
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    Didn't i break this news a week ago?
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  16. 03-03-15 08:02 PM #16
    jjgold
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    THor yours was unofficial
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  17. 03-03-15 08:04 PM #17
    broadway6
    on to the next one
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    come back to the usa!!!
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  18. 03-03-15 08:25 PM #18
    Thor4140
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    Quote Originally Posted by jjgold View Post
    THor yours was unofficial
    JJ don't underestimate my sources. I even broke the Pacman Mayweather fight ten days before the press did. I also was the guy three years ago who told u fuks Westbrook is a superstar in the makings.
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  19. 03-03-15 08:26 PM #19
    jjgold
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    Westbrook is not a superstar it is a ball hog that blows every close game
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  20. 03-03-15 08:30 PM #20
    Thor4140
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    Quote Originally Posted by jjgold View Post
    Westbrook is not a superstar it is a ball hog that blows every close game
    Comin back Wednesday with a broken cheek bone. Derrick Rose is furious about this and has called him to complain. From another of my sources.
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  21. 03-03-15 08:32 PM #21
    Thor4140
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    i wonder if the new owners of Pinnacle are gonna have the same douchebags running their twitter account. Always trying to help the bettor these guys always say
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  22. 03-03-15 08:34 PM #22
    Thor4140
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    everyone loves pinnacle because of their lines. Anyone who loves those lines will never win at this stuff. Those are the worst lines a guy could ask for unless u are a super square. Not a square a Super Square.
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  23. 03-03-15 10:47 PM #23
    Microphone
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    Quote Originally Posted by jjgold View Post
    Pinnacle sports will never be allowed back in the USA are they are very legal operation now

    But they were never allowed here to begin with
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  24. 03-03-15 10:58 PM #24
    leetreaper
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    Quote Originally Posted by Thor4140 View Post
    everyone loves pinnacle because of their lines. Anyone who loves those lines will never win at this stuff. Those are the worst lines a guy could ask for unless u are a super square. Not a square a Super Square.
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  25. 03-04-15 03:45 AM #25
    shaunovery
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    Coming back to the United Kingdom would be better than having sex
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  26. 03-04-15 07:58 AM #26
    jjgold
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    All they have to do is pay the license fees and they are back in UK instantly
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  27. 03-04-15 09:45 AM #27
    SBR Natalie
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    Quote Originally Posted by Rudeboy View Post
    Get that British license
    +1

    There's no official comment now but if we go by the statement, there is certainly promise!
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  28. 03-04-15 09:49 AM #28
    The Prick
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    Quote Originally Posted by jjgold View Post
    All they have to do is pay the license fees and they are back in UK instantly
    nope

    move along
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  29. 03-04-15 09:49 AM #29
    jjgold
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    If they have the cash I am sure it will happen

    Anyone know balance sheets of new owners??
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  30. 03-04-15 10:19 AM #30
    Rudeboy
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    Quote Originally Posted by shaunovery View Post
    Coming back to the United Kingdom would be better than having sex
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  31. 03-04-15 11:12 AM #31
    justlaw
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    usa and uk
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  32. 03-04-15 11:17 AM #32
    jjgold
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    USA never because its illegal

    Pinnacle is a legal bookmaking firm
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  33. 03-04-15 11:25 AM #33
    Bluehorseshoe
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    Quote Originally Posted by okchess View Post
    Are they going kick out Russia from Pinnacle? since 2014 www.pinnaclesports.com is blocked in Russia, mirrors www.pin1111.com and www.pin111.com are working
    I'm sure it has to do with DOS attacks.
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  34. 03-04-15 09:15 PM #34
    flyingillini
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    Pinnacle is blocked here in Vietnam
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  35. 03-05-15 02:15 AM #35
    premiumtradings
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    According to what we know, at this moment Pinnacle isn't going back to USA.

    Getting license in UK however is quite possible, but this process takes some time so don't hold your breath..
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