Pinnacle Sports announces new ownership

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  • SBR Forum
    Administrator
    • 12-02-06
    • 4559

    #1
    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:

    <iframe width="560" height="330" src="http://www.sportsbookreview.com/video/embed/?videoId=25393" frameborder="0" allowfullscreen></iframe>

    <article class="content">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.”

    </article>
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    I wonder if they're going to open it back up to the United Kingdom??
    Comment
    • SBR Forum
      Administrator
      • 12-02-06
      • 4559

      #3
      Originally posted by jjgold
      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.
      Comment
      • Rudeboy
        SBR Hall of Famer
        • 07-15-14
        • 5725

        #4
        Get that British license
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #5
          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
          Comment
          • minet123
            SBR Posting Legend
            • 02-17-07
            • 10280

            #6
            Originally posted by jjgold
            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
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #7
              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
              Comment
              • TheMoneyShot
                BARRELED IN @ SBR!
                • 02-14-07
                • 28672

                #8
                Originally posted by jjgold
                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.
                Comment
                • minet123
                  SBR Posting Legend
                  • 02-17-07
                  • 10280

                  #9
                  Originally posted by jjgold

                  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
                  Comment
                  • jjgold
                    SBR Aristocracy
                    • 07-20-05
                    • 388179

                    #10
                    Minet make some calls....get them to accept UK residents again
                    Comment
                    • okchess
                      SBR Rookie
                      • 07-22-08
                      • 7

                      #11
                      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
                      Comment
                      • jjgold
                        SBR Aristocracy
                        • 07-20-05
                        • 388179

                        #12
                        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
                        Comment
                        • TheMoneyShot
                          BARRELED IN @ SBR!
                          • 02-14-07
                          • 28672

                          #13
                          To the new owners of Pinnacle Sports...

                          Do the right thing... allow the USA to wager with you again.
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388179

                            #14
                            Pinnacle sports will never be allowed back in the USA are they are very legal operation now
                            Comment
                            • Thor4140
                              SBR Posting Legend
                              • 02-09-08
                              • 22296

                              #15
                              Didn't i break this news a week ago?
                              Comment
                              • jjgold
                                SBR Aristocracy
                                • 07-20-05
                                • 388179

                                #16
                                THor yours was unofficial
                                Comment
                                • broadway6
                                  SBR Posting Legend
                                  • 11-14-09
                                  • 13337

                                  #17
                                  come back to the usa!!!
                                  Comment
                                  • Thor4140
                                    SBR Posting Legend
                                    • 02-09-08
                                    • 22296

                                    #18
                                    Originally posted by jjgold
                                    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.
                                    Comment
                                    • jjgold
                                      SBR Aristocracy
                                      • 07-20-05
                                      • 388179

                                      #19
                                      Westbrook is not a superstar it is a ball hog that blows every close game
                                      Comment
                                      • Thor4140
                                        SBR Posting Legend
                                        • 02-09-08
                                        • 22296

                                        #20
                                        Originally posted by jjgold
                                        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.
                                        Comment
                                        • Thor4140
                                          SBR Posting Legend
                                          • 02-09-08
                                          • 22296

                                          #21
                                          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
                                          Comment
                                          • Thor4140
                                            SBR Posting Legend
                                            • 02-09-08
                                            • 22296

                                            #22
                                            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.
                                            Comment
                                            • Microphone
                                              SBR MVP
                                              • 01-08-08
                                              • 2950

                                              #23
                                              Originally posted by jjgold
                                              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
                                              Comment
                                              • leetreaper
                                                BARRELED IN @ SBR!
                                                • 10-23-10
                                                • 34841

                                                #24
                                                Originally posted by Thor4140
                                                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.
                                                Comment
                                                • shaunovery
                                                  SBR Posting Legend
                                                  • 11-15-07
                                                  • 18143

                                                  #25
                                                  Coming back to the United Kingdom would be better than having sex
                                                  Comment
                                                  • jjgold
                                                    SBR Aristocracy
                                                    • 07-20-05
                                                    • 388179

                                                    #26
                                                    All they have to do is pay the license fees and they are back in UK instantly
                                                    Comment
                                                    • SBR Natalie
                                                      SBR Wise Guy
                                                      • 03-19-12
                                                      • 885

                                                      #27
                                                      Originally posted by Rudeboy
                                                      Get that British license
                                                      +1

                                                      There's no official comment now but if we go by the statement, there is certainly promise!
                                                      Comment
                                                      • The Prick
                                                        SBR MVP
                                                        • 08-31-05
                                                        • 4965

                                                        #28
                                                        Originally posted by jjgold
                                                        All they have to do is pay the license fees and they are back in UK instantly
                                                        nope

                                                        move along
                                                        Comment
                                                        • jjgold
                                                          SBR Aristocracy
                                                          • 07-20-05
                                                          • 388179

                                                          #29
                                                          If they have the cash I am sure it will happen

                                                          Anyone know balance sheets of new owners??
                                                          Comment
                                                          • Rudeboy
                                                            SBR Hall of Famer
                                                            • 07-15-14
                                                            • 5725

                                                            #30
                                                            Originally posted by shaunovery
                                                            Coming back to the United Kingdom would be better than having sex
                                                            Comment
                                                            • justlaw
                                                              SBR Hustler
                                                              • 02-21-15
                                                              • 83

                                                              #31
                                                              usa and uk
                                                              Comment
                                                              • jjgold
                                                                SBR Aristocracy
                                                                • 07-20-05
                                                                • 388179

                                                                #32
                                                                USA never because its illegal

                                                                Pinnacle is a legal bookmaking firm
                                                                Comment
                                                                • Bluehorseshoe
                                                                  SBR Posting Legend
                                                                  • 07-13-06
                                                                  • 14998

                                                                  #33
                                                                  Originally posted by okchess
                                                                  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.
                                                                  Comment
                                                                  • flyingillini
                                                                    SBR Aristocracy
                                                                    • 12-06-06
                                                                    • 41219

                                                                    #34
                                                                    Pinnacle is blocked here in Vietnam
                                                                    המוסד‎
                                                                    המוסד למודיעין ולתפקידים מיוחדים‎
                                                                    Comment
                                                                    • premiumtradings
                                                                      Restricted User
                                                                      • 11-10-13
                                                                      • 3

                                                                      #35
                                                                      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..
                                                                      Comment
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