Leading online bookmaker Pinnacle Sports can now continue to make progress in market strategy to operate in regulated markets with its newly-awarded license .
Pinnacle Sports Leading online bookmaker was pleased to disclose its award of a Gaming License by the Malta Gaming Authority (MGA). With such a license Pinnacle Sports can advance towards regulated markets and the expansion of necessary B2B relationships.
The granting of the Class 2 Provisional Gaming License under Malta gambling laws will help expansion since the change of ownership in August 2014. Pinnacle Sports currently operates online betting in over 200 countries.
MGA – a trusted authority in gaming
CEO of Pinnacle Sports, Paris Smith said the company was “excited to have secured a license from one of the most trusted authorities in gaming. The endorsement secures an important foundation for our aggressive growth strategy for 2015 and beyond.”
MGA’s Executive Chairman, Joseph Cuschieri said “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,”