Not really a poker related issue since Pinnacle’s poker business was pretty small but another sportsbook has decided to steer clear of US law.
After careful consideration, Pinnacle Sports have chosen to voluntarily exit the U.S. market. Accordingly, wagers will no longer be accepted from clients within the U.S. as of Thursday, January 11, 2007. Those clients who are affected will be required to withdraw their balances using the Cashier of their account.
We assure all our clients your balances are available and Pinnacle will continue providing our international clients our same great value.
UPDATE: There’s an interview which claims to have gotten some one-on-one time with Pinnacle’s “main man.”
According to the source:
“When the U.S. focuses on something and says ‘enough,’ and when they go to ‘war,’ no individual company can possibly win in a fight of this nature.”
“Since the Internet Gambling Bill went into effect, we have lost the ability to do business with many quality banks.”
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Hi, my name is Bill Rini and this is my poker blog. I've been blogging about poker and the poker industry since around 2003-ish. Like most people I started out playing poker as entertainment in home games whenever we wanted to sit around and smoke cigars, drink beer, and eat pizza, and needed a good excuse. I started playing online shortly after the first online card rooms opened and it wasn't long before I was playing 20, 30, or even 40 hours a week or more. One day I received a phone call about a program manager position at Tiltware which was the company that consulted to Full Tilt Poker on software development and marketing. After Tiltware I spent about 2.5 years working at Party Poker where I was the poker room manager.
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