Pinnacle Exits US Market

[Billman]

According to Pinnacle's website:

[ QUOTE ]


Effective Immediately...

After careful consideration, Pinnacle Sports have chosen to voluntarily exit the U.S. market. Accordingly, wagers will no longer be accepted from clients within the U.S. as of Thursday, January 11, 2007.

Those clients who are affected will be required to withdraw their balances using the Cashier of their account. We assure all our clients your balances are available and Pinnacle will continue providing our international clients our same great value.



[/ QUOTE ]

[MatthewRyan]

why now?

[jackstraw115]

that's a million dollar question..why the [censored] now?

[Coy_Roy]

Because football season is over.

[caguma]

[ QUOTE ]
Because football season is over.

[/ QUOTE ]

If football was the reason, they'd wait until after the super bowl, something else is going on here.

[Coy_Roy]

[ QUOTE ]
[ QUOTE ]
Because football season is over.

[/ QUOTE ]

If football was the reason, they'd wait until after the super bowl, something else is going on here.

[/ QUOTE ]


http://forum.therx.com/showthread.php?t=446626

[Lori]

Just to point out to the non-sports-betting legislation people that this is THE sports book online. It is also incredibly sudden, there was no reason to believe they would ever pull out.

It's very likely that they know something that us regular people don't. It would be interesting to know if anyone has heard anything new at all.

Lori

[whangarei]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Because football season is over.

[/ QUOTE ]

If football was the reason, they'd wait until after the super bowl, something else is going on here.

[/ QUOTE ]


http://forum.therx.com/showthread.php?t=446626

[/ QUOTE ]

From the linked thread:

[ QUOTE ]
"Since the Internet Gambling Bill went into effect, we have lost the ability to do business with many quality banks."

[/ QUOTE ]

This is kind of scary. I don't mean to sound alarmist, but is Stars next?

[Sniper]

[ QUOTE ]
[ QUOTE ]
"Since the Internet Gambling Bill went into effect, we have lost the ability to do business with many quality banks."

[/ QUOTE ]

This is kind of scary. I don't mean to sound alarmist, but is Stars next?

[/ QUOTE ]

This fact, isn't NEW news... we had heard that some of the banks had alerted their clients that their business was no longer good (if they were accepting US players)... I believe Stars already dealt with this issue.

It is certainly an issue to watch, if the number of banks doing this has increased...

[Beastmaster]

Should we worry about the remaining poker sites?
Stars/FT/UB..etc