CNBC..Just announced Pinnacle sports has pulled out of the US

G.MONEY · Jan 12, 2007

A bit late....But it is big news for it to make it as breaking news

SHACK · Jan 12, 2007

yea, i heard it too. they reported that sportsbooks are leaving u.s. market in droves after the law was passed to make it illegal for banks to do money transfers to sportsbooks. yada, yada, yada.

Fishhead · Jan 12, 2007

Does Pinny shutting down help the stock market?

Money moved from Pinnacle and into stocks?

boatboatboat · Jan 12, 2007

Fishhead said:
Does Pinny shutting down help the stock market?

Money moved from Pinnacle and into stocks?

I would tend to doubt that.

G.MONEY · Jan 12, 2007

Fishhead said:
Does Pinny shutting down help the stock market?

Money moved from Pinnacle and into stocks?

I do not think so, In my mind it is two differnt animals, Both are a gamble but different.............G.

druidwarrior · Jan 12, 2007

I dont think it will increase trading volume.. But its just 1 less out as secure as a bank also with the ability to make you more dough.. to store more than 50g.

Fishhead · Jan 12, 2007

druidwarrior said:
I dont think it will increase trading volume.. But its just 1 less out as secure as a bank also with the ability to make you more dough.. to store more than 50g.

true

WharfRat+ · Jan 12, 2007

Fishhead said:
Does Pinny shutting down help the stock market?

Money moved from Pinnacle and into stocks?

One thing it will help is US horseracing. I'm pretty sure they had a pretty big marketshare with the 7% rebate. A high percentage of large players as well.

On every horseracing board I've ever visited, Pinny has been the only offshore sportsbook that i've ever seen mentioned. I'd say 75% of computer savvy horseplayers have at least heard of Pinny, while i'd guess only around 20% have heard of Cris, or other rebate books.

G.MONEY · Jan 12, 2007

WharfRat said:
One thing it will help is US horseracing. I'm pretty sure they had a pretty big marketshare with the 7% rebate. A high percentage of large players as well.

On every horseracing board I've ever visited, Pinny has been the only offshore sportsbook that i've ever seen mentioned. I'd say 75% of computer savvy horseplayers have at least heard of Pinny, while i'd guess only around 20% have heard of Cris, or other rebate books.

They will really be missed by the horse players...That 7% is huge when playing horses............G

Fishhead · Jan 12, 2007

Good point on the horses.

djking · Jan 12, 2007

prostitution should jump something like 12.5%

this is big

ivyconniver · Jan 12, 2007

in Antigua, yea.

CNBC..Just announced Pinnacle sports has pulled out of the US

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