Deloitte has released its technology media telecommunications (TMT) forecast for 2016, and it makes for some interesting reading in regard to eSports. It is estimated that as an industry it will grow by 25% and create global revenues of $500m (£346.8m) in 2016. This is up $100m (£69.4m) from last year. Deloitte’s predictions fall some way short of some of last year’s …
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Pinnacle Sports appoints Alex Carr as Affiliate Program lead
Curacao/Malta licensed online bookmaker Pinnacle Sports (www.pinnaclesports.com) has hired former bet365 Performance Marketing Manager Alex Carr as its new Affiliate Program Manager, to be based in the operator’s London office. Carr, who has spent the last 5 years in a variety of affiliate and performance marketing roles with the Stoke based bookmaker, starts his new role managing Pinnacle Sports Affiliates with …
Read More »Pinnacle Sports appoints Harry Lang as Marketing Director
Curacao/Malta licensed online bookmaker Pinnacle Sports has appointed former Mecca Bingo Head of Digital Marketing Harry Lang as its new Marketing Director. Working from Pinnacle’s London office, Lang will be charged with leading the bookmaker’s European marketing and brand initiatives. Lang has prior industry marketing experience having worked as Head of Games Marketing for bwin.party Entertainment (2012 -2014) and as Principal Brand …
Read More »Pinnacle Sports confirms Magnus Hedman as majority shareholder
Touchbet ltd owner Magnus Hedman has been confirmed as the majority buyer of Pinnacle Sports, as his new enterprise looks to extend its presence within the European sports betting market. Pinnacle Sports CEO Paris Smith revealed to industry news source EGR Magazine that Hedman had become the company’s majority shareholder. The CEO stated that the company felt no pressure to …
Read More »Bettingexpert launches 15 new tipping competitions
Bettingexpert, the super affiliate tipping network with customers across 10 languages, has revamped its competition structure after reaching the milestone of 100,000 tips a month. While the Tipster of the Month competition still offers a £3,000 prize pool, bettingexpert has now started competitions for specific sports. The best football tipsters can now compete every month for a share of €3,000, …
Read More »Pinnacle Sports outlines strategic vision under new ownership
Pinnacle Sports CEO Paris Smith is excited to take the sports betting operator forward under new ownership, following its sale to undisclosed buyers. Smith outlined that the new owners of the Curacao licensed sports betting operator had ambitious plans and a strategic visions for its unique business model which has proven a popular destination for high value sports betting consumers. …
Read More »Pinnacle Sports sold to undisclosed buyers
Pinnacle Sports one of the oldest online betting operators has been sold to undisclosed buyers. The sale of the Curacao licensed sportsbook was overseen by Las Vegas based M&A firm Alternative Trading Partners (ATP), who advised shareholders on the sale of the controlling interest in the business. ATP have not disclosed any information regarding the buyers or the deal value …
Read More »Clock ticking for UK licence application
Offshore operators only have until midnight on Tuesday 16 September to apply for licences allowing them to continue to provide gambling services to consumers in Britain after the Gambling (Licensing and Advertising) Act comes into force on 1 October. Offshore gambling operators – currently regulated overseas but transacting with consumers in Britain – wishing to continue to provide services in …
Read More »Pinnacle Sports exits UK betting market
Curacao-licensed Pinnacle Sports are the latest online betting operator to withdraw from the UK market, ahead of pending changes in UK gambling regulations and taxation that come into play on 1 October. This Thursday, the operator issued an email to its UK player base asking player to withdraw all remaining funds from their player accounts by the 30 September. The …
Read More »Pinnacle Sports: Brazil bigger than Euros and South Africa combined
Phil Hudson, Acquisitions Manager at Pinnacle Sports, discusses his firm’s decision to open up the World Cup Final to $1million bets. Do you anticipate the World Cup Final to be your biggest ever betting market? Yes, we fully anticipated volume to exceed both Euro 2012 and World Cup in 2010 combined, with live and mobile components of that making significant …
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