As the process of “squeezing out” foreign bookmakers in Russia gathers pace, bet365 is one of the only operators to avoid a decreased level of interest from Russian users. Data compiled by Bookmaker Ratings has shown that the practice of blocking online bookmakers prohibited in Russia has affected the number of inquiries via search engine Yandex, as users want to …
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SBC Bookies Corner – Facing Reality…Brexit & Betting Markets
Having triggered Article 50, The UK enters a new political landscape as it negotiates its withdrawal from the European Union. Setting a two-year target for EU exit, Brexit has been labelled the most important UK political mandate of modern times. Fraught with risks and intriguing political contexts, SBC’s ‘Bookies Corner’ asks industry stakeholders how political betting markets will be …
Read More »Might Bite salvages difficult day for our experts at Cheltenham
It wasn’t just the bookies that took a battering on day two at the Cheltenham Festival. There were similar struggles for our experts in the Tipster Challenge, sponsored by Betting Gods. Harry Lang, Marketing Director at Pinnacle, could only match the 3.50-point return for both Timeform and bettingexpert’s Stephen Harris. All three landed a single winner on Might Bite (7/2), …
Read More »Lang looks for long odds winners at Cheltenham
With just seven weeks to go in the Tipster Challenge 2016/17, sponsored by Betting Gods, we head to Cheltenham for day two at the Festival. Harry Lang, Marketing Director at Pinnacle, has been given a second bite at the cherry this week after last week’s abandonment at Fontwell. He will be up against sixth placed Stephen Harris of bettingexpert and …
Read More »Pinnacle exits Slovenia market ahead of regulatory makeover
Updating its player base, Curacao and Malta-licensed online sports betting operator Pinnacle has informed that it has stopped its services for the market of Slovenia. As of the 3 March, the bookmaker has stopped processing wagers made by Slovenia players, and has moved to refund and close Slovenian customer accounts. Pinnacle has sent out a short communication of its decision to …
Read More »Industry first…Pinnacle opens market on CrossFit Open 2017
Curacao and Malta-licensed sports betting operator Pinnacle has declared ‘another industry first’, by taking wagers on the ‘CrossFit Open 2017’. Pinnacle states that it is the first bookmaker to offer odds on the sport of Crossfit, which incorporates ‘high-intensity fitness programs with aerobic sports training and muscle conditioning exercises’. Sponsored by Reebok Fitness, the Crossfit competition aims to find ‘the …
Read More »Pinnacle exits Polish sports betting market
Curacao and Malta-licensed online sportsbook Pinnacle has confirmed that it has withdrawn its betting services from the Polish market. The bookmaker updated its customer base on the market withdrawal stating that it wished to comply with new Polish gambling laws approved in December 2016. As a result of its decision, Pinnacle will move to make all Polish registered accounts inactive …
Read More »Pinnacle has taken its 5 millionth esports wager
Esports betting has come a long way in the past year and Pinnacle announced today that it has now taken five million bets on esports markets. The first esports wager was taken by the bookmaker back in 2010 and it was only last year that it hit the three millionth wager mark. Two million bets in less than six months demonstrates …
Read More »Pinnacle places education first with release of ‘Betting Resources’
Announcing its first major product release for 2017, Curacao and Malta licensed bookmaker Pinnacle has launched its ‘Betting Resources’ services, with a view of educating its customer base on the market intricacies and complexities of sports betting. The bookmaker aims to create ‘the most comprehensive collection of expert betting advice available anywhere online’ available to betting consumers. The service will …
Read More »Superdata report estimates esports betting at $56m
Superdata Research published its end of year report in December and in its assessment of esports it valued the betting sector at $58.9m (£47.9m). This was a significant but minor portion of the overall esports pie, which Superdata valued at $892m (£727.9m) currently with growth expectations putting it at a $1.4bn (£1.1bn) industry by 2019. You can read a full …
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