1. #1
    shaunovery
    shaunovery's Avatar Become A Pro!
    Join Date: 11-15-07
    Posts: 18,143
    Betpoints: 103

    Recent q&a pinny chat

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

  2. #2
    boeing power
    boeing power's Avatar Become A Pro!
    Join Date: 03-23-10
    Posts: 9,698
    Betpoints: 56

  3. #3
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Basically said nothing

    Very broad answers all the time
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: tradeout

  4. #4
    shaunovery
    shaunovery's Avatar Become A Pro!
    Join Date: 11-15-07
    Posts: 18,143
    Betpoints: 103

    Just heard a depressing rumour

    Pinnacle to close all uk Accounts

    Anyone else heard this or sbr anyone can confirm/deny

  5. #5
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Why??

    What is going on??

    The tax??

  6. #6
    shaunovery
    shaunovery's Avatar Become A Pro!
    Join Date: 11-15-07
    Posts: 18,143
    Betpoints: 103

    Quote Originally Posted by jjgold View Post
    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

  7. #7
    Darkside Magick
    Black Box Algorithm
    Darkside Magick's Avatar Become A Pro!
    Join Date: 05-28-10
    Posts: 12,586
    Betpoints: 1258

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

  8. #8
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

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

  9. #9
    Darkside Magick
    Black Box Algorithm
    Darkside Magick's Avatar Become A Pro!
    Join Date: 05-28-10
    Posts: 12,586
    Betpoints: 1258

    Quote Originally Posted by jjgold View Post
    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

  10. #10
    shaunovery
    shaunovery's Avatar Become A Pro!
    Join Date: 11-15-07
    Posts: 18,143
    Betpoints: 103

    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

  11. #11
    Darkside Magick
    Black Box Algorithm
    Darkside Magick's Avatar Become A Pro!
    Join Date: 05-28-10
    Posts: 12,586
    Betpoints: 1258

    Quote Originally Posted by shaunovery View Post
    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

  12. #12
    shaunovery
    shaunovery's Avatar Become A Pro!
    Join Date: 11-15-07
    Posts: 18,143
    Betpoints: 103

    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

  13. #13
    Darkside Magick
    Black Box Algorithm
    Darkside Magick's Avatar Become A Pro!
    Join Date: 05-28-10
    Posts: 12,586
    Betpoints: 1258

    Quote Originally Posted by shaunovery View Post
    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?

  14. #14
    shaunovery
    shaunovery's Avatar Become A Pro!
    Join Date: 11-15-07
    Posts: 18,143
    Betpoints: 103

    Quote Originally Posted by Darkside Magick View Post
    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

  15. #15
    Darkside Magick
    Black Box Algorithm
    Darkside Magick's Avatar Become A Pro!
    Join Date: 05-28-10
    Posts: 12,586
    Betpoints: 1258

    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

  16. #16
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Unreal

    How will they survive?

  17. #17
    Ruifgalmeida
    Ruifgalmeida's Avatar Become A Pro!
    Join Date: 04-23-08
    Posts: 2,024
    Betpoints: 5324

    Quote Originally Posted by jjgold View Post
    Unreal

    How will they survive?
    Asians, that where the money is

  18. #18
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

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

    I say volume is 40% lower than its peak

  19. #19
    zola
    zola's Avatar Become A Pro!
    Join Date: 09-11-12
    Posts: 367
    Betpoints: 1210

    Pinny is done in the UK

  20. #20
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    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

Top