Results 1 to 7 of 7
  1. #1
    The Buzz's Avatar
    The Buzz is offline GPWA Gossip Hound
    Join Date
    February 2007
    Location
    Newton, MA
    Posts
    3,630
    Thanks
    306
    Thanked 1,529 Times in 922 Posts

    Default Pinnacle exits Polish sports betting market

    Online sportsbook Pinnacle has withdrawn its services from the Polish market. One of the giants of the sportsbook industry, Pinnacle updated its customer base this week, stating that it "wished to comply with new Polish gambling laws approved in December 2016."

    From SBC News:

    Despite criticism from EU officials and industry stakeholders, the Polish government has continued to stick with its unpopular online gambling framework, which at present taxes betting operators at 12% of wagering turnover. Multiple foreign industry operators have complained to the European Court of Justice, stating that Polandís current restrictive framework is unmanageable and simply favours state-owned betting firms. Despite pressure from the European Commission, In 2016 the Polish government refused to align its gambling industry framework with European business policies, instead the government added further online restrictions to casino and slot games, further hindering international stakeholders.
    Pinnacle will move to make all Polish registered accounts inactive from 1 April, with all remaining funds and balances promptly returned to customers.

    Read the entire article here: http://www.sbcnews.co.uk/europe/2017...eid=d0baa7e1d7

  2. The Following 2 Users Say Thank You to The Buzz For This Useful Post:

    Betreels Casino (2 March 2017), ocreditor (26 February 2017)

  3. #2
    TheGooner's Avatar
    TheGooner is offline Private Member
    Join Date
    March 2007
    Location
    New Zealand
    Posts
    4,259
    Thanks
    1,947
    Thanked 4,210 Times in 2,003 Posts

    Default

    And also Ireland at same time. They sent a very brief email to affiliates.

    Email Text :

    Due to regulatory changes, we will not be able to offer our services to residents of Ireland or Poland. We apologise for any confusion this causes but the circumstances are entirely outside of our control.
    As a result of this:

    Affiliates will no longer be able to refer new Irish or Polish customers
    Affiliates cannot continue to promote Pinnacle through advertising, links, logos, banners and landing pages to Irish or Polish customers IP addresses
    Pinnacle banners will be Geo blocked for users from Irish or Polish customers IP addresses
    We apologise for the inconvenience caused by this and will be happy to answer any questions or queries you have. We will continue to update you with any developments regarding this issue.
    Last edited by TheGooner; 22 February 2017 at 4:20 pm. Reason: added email text

  4. #3
    alin04 is offline Public Member
    Join Date
    January 2013
    Location
    Paris
    Posts
    518
    Thanks
    420
    Thanked 209 Times in 127 Posts

    Default

    Online sportsbook Pinnacle have a license in UK?

  5. #4
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    5,577
    Blog Entries
    1
    Thanks
    5,646
    Thanked 3,654 Times in 2,256 Posts

    Default

    Quote Originally Posted by alin04 View Post
    Online sportsbook Pinnacle have a license in UK?
    Nope, they have Curacao & Malta

  6. #5
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    5,577
    Blog Entries
    1
    Thanks
    5,646
    Thanked 3,654 Times in 2,256 Posts

    Default

    New Gambling Act that doesn't bode well with international operators goes into force April 1, are we to expect another exodus of operators ?

  7. #6
    TheGooner's Avatar
    TheGooner is offline Private Member
    Join Date
    March 2007
    Location
    New Zealand
    Posts
    4,259
    Thanks
    1,947
    Thanked 4,210 Times in 2,003 Posts

    Default

    Quote Originally Posted by ocreditor View Post
    New Gambling Act that doesn't bode well with international operators goes into force April 1, are we to expect another exodus of operators ?
    Which Act? Which country ?

  8. #7
    ocreditor's Avatar
    ocreditor is offline Private Member
    Join Date
    April 2009
    Location
    Israel
    Posts
    5,577
    Blog Entries
    1
    Thanks
    5,646
    Thanked 3,654 Times in 2,256 Posts

    Default

    Quote Originally Posted by TheGooner View Post
    Which Act? Which country ?
    This Polish, and I was referring to similar EU countries which we've been witnessing many operators leaving has happened in Czech Republic

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •