Pinnacle Sports Awarded Malta Licence

But new owner remains cloaked

The Malta Gaming Authority has issued a Class 2 Provisional Gaming Licence to online sportsbook operator Pinnacle Sports, which announced a change of ownership in August 2014 without disclosing the identity of the new owner. (see previous InfoPowa report).
In a press release announcing the award, Pinnacle CEO Paris Smith commented that the licence constitutes a foundation for an aggressive growth strategy and "…initiates ambitious plans for expansion into regulated markets, and the development of relevant B2B relationships."
It is understood that Asia is high on the company's expansion priority list, and the sports betting information site Sports Betting Review reports that the company is working on an upgrade to both its infrastructure and betting product; a model which uses reduced, discount pricing instead of the traditional sportsbook bonus model used by many betting sites.
The MGA's executive chairman, Joseph Cuschieri, described Pinnacle as "…one of the biggest brands in the gaming industry."
Pinnacle is also licensed in Curacao.

Online Casino News Courtesy of Infopowa

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Casinomeister

The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.

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