Pinnacle pulls out from Australia

No press release, no official announcements whatsoever. The company chose to spread the beans to its Aussie punters via e-mail: “…unable to offer services in your jurisdiction after March 12th, 2018,” was the message appeared to the users’ screens.

As the new came out of the blue, all pending bets cancelled at once and players can retrieve the money in their accounts until the 20th of April. Rumor has it that this sudden decision is due to the fact that Pinnacle is not proper licensed to operate in a country with a changing regulatory sphere.

A month ago, the Australian Communications and Media Authority (ACMA) announced that it was in several meetings with operators fully licensed and respectful to the Australian regulations. Pinnacle’ move is in alliance with its CEO and owner Paris Smith “by the book’ strategy and promises a lawful come-back for future endeavors in Down Under.

A few words about Pinnacle

Established in 1998, Pinnacle is one of most popular online casinos amongst the gambling community. The company is fully regulated by the Government of the Netherlands Antilles and it operates in more than 200 countries. The bookie offers a very good sportsbook and other services such as casino, live casino, video poker and virtual sports. It has worthily won players’ loyalty due to the high limits, the large welcome bonuses and the best possible odds it offers for the last twenty years.