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doubleback
11th September 2014, 06:39 PM
A statement regarding closure of British player accounts

Due to imminent changes to British gambling licensing regulations, Pinnacle Sports will after September 30th, 2014, be unable to offer our services to any players resident in Great Britain.
This statement is intended to provide clarity on the implications for existing British players:
What is the change to British gambling regulations?

Amendments to the Gambling (Licensing and Advertising) Act come into force on October 1st, 2014 requiring all companies that advertise or provide gambling services to British residents to obtain a licence from the British Gambling Commission.

I am from Great Britain but resident elsewhere. Can I still bet?

The new restriction is specific only to players whose account details indicate they are resident in Great Britain.

What does Great Britain include?

Great Britain includes England, Scotland, Wales and Northern Ireland.

I am a British account holder. What will happen? What do I need to do?

All your account options other than withdrawal will be blocked after 11.59pm (BST*) September 30th, 2014.

Any of your bets placed up to and including 11.59pm (BST*) September 30th, 2014 will be honoured.

Funds remaining in your Pinnacle Sports account may be withdrawn at any time free of charge. Accounts that withdraw their funds prior to September 30th, 2014 will be disabled from making further deposits.

Can I keep betting up to September 30th, 2014?

Yes. Any bets placed by 11.59 (BST*) September 30th, 2014 will be honoured.
*BST is British Summer Time which is UCT +1 (Universal Central Time)

We thank all British players for betting with Pinnacle Sports, and should we obtain a British gambling licence in the future, we would be more than happy to accept your business.
If you have any questions regarding this issue, please contact our Customer Service Department at csd@pinnaclesports.com, using the email address registered to your Pinnacle Sports account.
(last updated : September 11th, 2014)

dlrec
12th September 2014, 05:43 AM
Not just Pinny. Sbobet is gone for UK residents too and most of the asians will follow.

napshnap
12th September 2014, 07:58 AM
So, should we expect increase of liquidity for Betfair?

Emkayracing
12th September 2014, 10:04 AM
So, should we expect increase of liquidity for Betfair?

Perhaps the opposite, if Arbers who had previously taken advantage of Pinnacle's prices now have nowhere to accommodate them.

Archi
12th September 2014, 12:20 PM
How about Betfair ? Will they continue to operate in UK ?

lala777
16th September 2014, 04:02 PM
Feel with the british punters here! Dafabet must be clapping their hands, though they are no where near what Sbo/Pinny offers etc, but still an ok option for the punters.

Otherwise there are heaps of Sbo clones out there, but not as good as the real deal, but look around and you might find them out there, could be a good option before going to the broker.

Speedy
20th October 2014, 09:32 AM
I'd say using a broker is a very good idea. Some people say that it makes the process of betting just more complicated, but in cases like this when several bookies shut down suddenly, a good broker is a real treasure!

GreenLeaf
20th October 2014, 10:11 AM
not really that much 'more complicated'- you register on one source instead of several when you use a broker

canyon
21st October 2014, 07:44 AM
I hope others don't decide to follow pinnacle and sbobet's examples

GreenLeaf
21st October 2014, 10:04 AM
well there were changes in taxes, that's why it happened. so as long as everything stays the same there will probably be no more bookies to leave the country. it is their interest to activate there as well, right?

JacobJ
21st October 2014, 10:21 AM
I hope others don't decide to follow pinnacle and sbobet's examples

i don't know if you are from the uk, but it is more likely that there will be a new group of bookies developing their status after these big ones have gone away

Speedy
22nd October 2014, 07:18 AM
i don't know if you are from the uk, but it is more likely that there will be a new group of bookies developing their status after these big ones have gone away

I live in the UK, ppl I know got themselves accounts via brokers instead. They say that the changes don't affect them as much, since they can register via bet-ibc or similar and continue their activity.