Recent q&a pinny chat

[shaunovery]

http://www.pinnaclesports.com/online-betting-articles/09-2014/nfl-expert-series-transcript.aspx?ito=twitter

[boeing power]

http://www.pinnaclesports.com/online-betting-articles/09-2014/nfl-expert-series-transcript.aspx?ito=twitter

thanks for the read Sean.

[jjgold]

Basically said nothing

Very broad answers all the time

[shaunovery]

Just heard a depressing rumour

Pinnacle to close all uk Accounts

Anyone else heard this or sbr anyone can confirm/deny

[jjgold]

Why??

What is going on??

The tax??

[shaunovery]

Why??

What is going on??

The tax??

Email I just received

Dear Sir,

We cannot comment on regulatory changes in the United Kingdom at this time. Please be assured that customer’s will always be entitled to the funds in their accounts.



Kind regards,

Customer Service Department
Pinnacle Sports

Yes coach new regulations apparently

[Darkside Magick]

Rumor been around for months...ever since they gave up their alderney license.

[jjgold]

UK basically going to force residents to only play at licensed uk books

[Darkside Magick]

UK basically going to force residents to only play at licensed uk books

This.
Pinnacle was or still in the process of getting a UK license ...but one of the stipulation of the license is knowing who the owners are and that lies at the heart of the problem

[shaunovery]

Basically the uk is taxing books on a percentage of there overall gross win

Where as before books could lie in offshore tax haven places like Gibraltar etc

[Darkside Magick]

Basically the uk is taxing books on a percentage of there overall gross win

Where as before bo
oks could lie in offshore tax haven places like Gibraltar etc

This also.
One of the reason they gave up the aldermey license so they could not check their books

[shaunovery]

I work for a high street bookmaker in London and no wonder there putting us managers under increasing pressure to take more money with the new laws

[Darkside Magick]

I work for a high street bookmaker in London and no wonder there putting us managers under increasing pressure to take more money with the new laws

But wasn't that because punters there was complaining that street bookie shops was not taking action on bets and not acting as the business they said they represented?

[shaunovery]

But wasn't that because punters there was complaining that street bookie shops was not taking action on bets and not acting as the business they said they represented?

Very true you can't get good bets on in high street shops all there interested in a those fobt machines that take a lot of money

[Darkside Magick]

PINNACLESPORTS. I am told they will be closing all U.K. Accounts within the next week or so and want to be out by the end of the month ---Tony Ansell

[jjgold]

Unreal

How will they survive?

[Ruifgalmeida]

Unreal

How will they survive?

Asians, that where the money is

[jjgold]

Pinnacle how to lose a ton of money on American sporting events

I say volume is 40% lower than its peak

[zola]

Pinny is done in the UK

[jjgold]

Like I said man pinnacle must not make a lot of money off UK customers

I think their marketing to different parts of the world now although have no idea why they even offer US sports anymore

Pay attention because pinnacle is gradually widening juice