Reporting on Pinnacle; The beat goes on.

[SBR_John]

Pinnacle management laid out their general plans moving forward to SBR today. There is a definite transition underway from being the best US sportsbook to becoming the leading international sportsbook. Players will continue to see more and more sports added, more languages and more payment solutions.

I personally believe the management at Pinnacle is the best its been in the 7+ years of following them. The team looks to return to volume levels previous to excluding US players by the end of 2008 or early 2009.

[trustbutverify]

Are they at least dreaming of returning to the US market in the future?

[Jamie_UK]

Pinnacle management laid out their general plans moving forward to SBR today. There is a definite transition underway from being the best US sportsbook to becoming the leading international sportsbook. Players will continue to see more and more sports added, more languages and more payment solutions.

I personally believe the management at Pinnacle is the best its been in the 7+ years of following them. The team looks to return to volume levels previous to excluding US players by the end of 2008 or early 2009.

They will do this easy, USA is a dead market, good on Pinny!

[Carlos019]

If they are leaving the U.S. market for good... then why havent they closed our accounts? We can still log in, we just cant bet, it makes me feel like its a temporary thing...

[Jamie_UK]

If they are leaving the U.S. market for good... then why havent they closed our accounts? We can still log in, we just cant bet, it makes me feel like its a temporary thing...

Not being able to bet is a dead account

[David]

If they are leaving the U.S. market for good... then why havent they closed our accounts? We can still log in, we just cant bet, it makes me feel like its a temporary thing...

Maybe because some US residents still have bets pending or a balance they haven't withdrawn yet.

[jjgold]

I am sure you can still bet there with a uk address

[rob]

Still waiting for my withdrawal from Pinny...been five weeks now.

[Scorpion]

Still waiting for my withdrawal from Pinny...been five weeks now.

what method?

[Actionbrett]

Rob.

Cancel the transfer and request them to send the funds to another sportsbook, that is unless you want your funds out of the offshore market.

[Ganchrow]

Maybe because some US residents still have bets pending or a balance they haven't withdrawn yet.
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Yes. This is exactly what they've said. It's still unclear as to whether US residents will continue to have access to Pinnacle resources (including their dynamic lines facility) when the bulk of US futures bets expire.

And the beat goes on ...

[pags11]

pinnacle's gonna feel the pinch next football season when all of the american degenerate bettors can't give them action...

[cPaxus]

They should consider paying their players In Full first before the expansion.

A non-paying or late-paying business does not fit well for any expansion.

Just my thoughts!!

[SBR_John]

They should consider paying their players In Full first before the expansion.

A non-paying or late-paying business does not fit well for any expansion.

Just my thoughts!!

Pinnacle mentioned that all US players will be paid in the next few days. They had limits put on them on how many transactions they could do by the banks. This has been taken care of according to Pinnacle management.

[rob]

what method?

Check via Fed Ex.

[rob]

Rob.

Cancel the transfer and request them to send the funds to another sportsbook, that is unless you want your funds out of the offshore market.

Just want to get away from offshore for now.

[cPaxus]

Pinnacle mentioned that all US players will be paid in the next few days. They had limits put on them on how many transactions they could do by the banks. This has been taken care of according to Pinnacle management.

Thanks John for the reply and the update.