What is Pinnacle doing right now?

[Pedro]

Hey Guys!

Given the development behind Pinnacle, I was just wondering what they might be up to right now?

Are they re-establishing a new strategy in order to retain and gain on their remaining non-US customers (like myself)? Does this mean massive lay-offs?

Are planning get back into the US market after some careful legal manuvering?

Are they planning to fold and they are just taking their time? (I guess if this was the case they would have folded before paying all the US customers)

Can Pinnacle be maintained as a profitable business and can they retain their A+ rating regarding their financial stability and security?

All comments would be appreciated, especially from the all insightful SBR staff....

Pedro

[Bill Dozer]

Hi Pedro,

Pinnacle has already heavily invested in the European market and will continue to do so. They estimated retaining about 35% of their client base and won't look back unless the legal landscape changes. Although payments were delayed due to the sheer volume of requests, they flexed their financial muscle and processed, what is surely, a record breaking amount of withdrawals and money.

[Pedro]

Thanks Bill,

That's reassuring to hear.

I am hoping the days of online gaming (and payment processing) in Canada are NOT numbered.

Pedro

[jjgold]

Knowing Pinny they will dominate the euro market now

[DrSlamm]

one thing they are doing is taking their sweet time sending me a check

[BuddyBear]

Time to let go and move on fellows....Pinnacle is just a memory now for most of us.

[pjesnik24]

Although they are quite good for soccer I still prefer canbet and 10bet most of the time. I have stopped playing at pointbet for known reasons but pointbet had also better odds for the games I wanted to play, most of the time.

[pags11]

yep buddy, like the best girlfriend you ever had...damn...

[Lucas]

This is only my theory, nothing certain, but...
I think the biggest players find they way how to get to Pinny even from USA (proxy etc). Actually I am trying to work on it. If you noticed yesterday was first day when the red circles at NBA disappeared by totals before game, so they HAVE liquidity. Maybe their -105/104 survives. Pinnacle needs big fishes /locals, other bookies; and scalpers who are widespread/ and I guess they will have them. Maybe Pinnacle will be MARKET also in future.