SBC News Voice of the Sports Betting Industry
Pinnacle Sports has announced that it has gained a Class 2 Provisional online gambling licence from the Malta Gaming Authority (MGA). The granting of the MGA licence will see Pinnacle expand its operations into regulated European markets and aid the company with its marketing and partnership initiatives.
Pinnacle Sports announced new owners in March, who had outlined a new strategic vision for the Curacao operated sports book.
“We are excited to have secured a licence from one of the most trusted authorities in gaming,” said Paris Smith, CEO of Pinnacle Sports. “The endorsement secures an important foundation for our aggressive growth strategy for 2015 and beyond.”
“The Malta Gaming Authority is delighted to have one of the biggest brands in the gaming industry included in its licensing portfolio. The Authority is committed to continue delivering innovative solutions to address the ongoing evolution of the industry, and the challenges this brings along with it, with integrity and focus on consumer protection,” said Joseph Cuschieri, MGA’s Executive Chairman.
