The MGA issues Gaming Licence to Pinnacle Sports, facilitating the leading online bookmaker's ambitious drive toward expansion into regulated markets
WILLEMSTAD, Curaçao, March 19, 2015 /CNW/ - Leading online bookmaker, Pinnacle Sports, is delighted to announce the award of a Gaming Licence by the Malta Gaming Authority (MGA). The move initiates ambitious plans for expansion into regulated markets, and the development of relevant B2B relationships.
The issue of the Class 2 Provisional Gaming Licence by the Maltese regulator helps fulfil a key component of a growth strategy outlined since a change of ownership, in August 2014.
"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.
About Pinnacle Sports
Pinnacle Sports (http://www.pinnaclesports.com) was established in 1998, and since that time has been offering bettors a unique alternative to other bookmakers. Its gimmick-free approach simply focuses on offering the best odds and highest betting limits for every market, so bettors win more compared to the competition.
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SOURCE Pinnacle Sports