Pinnacle Sports Pulls Out of US Market

January 11, 2007

From their website as of Thursday January 11,2007:

Effective Immediately…

    After careful consideration, Pinnacle Sports has chosen to voluntarily exit the American market. Accordingly, wagers will no longer be accepted from clients located within the United States as of Thursday 11th January 2007.

    We would like to assure all our clients that your balances are available but those clients who are affected will be required to withdraw their balances using the Cashier function on their account. Please note that any pending wagers will be honored by Pinnacle Sports. As your wagers are graded, you may use the Cashier function to request any balance due.

    As ever, Pinnacle Sports will continue to provide our Canadian and International clients with the same great value they have come to expect from the World’s leading online sports book and casino.

Another interesting turn of events for anyone watching the ongoing battle between the Department of Justice, FBI and owners of online gambling sites. The question is, when do the big players get move into legislated online gambling. This is absolutely what the landscape is working towards.

This is being reported all over the place at this moment, eventually I’ll add a list of any new reports beyond “Pinnacle Exiting US Market”.

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