In my opinion this is by far the biggest hit to the industry
Pinnacle is not only the biggest operation in the world, but by a rather large margin, some of you who are not deep into the sports betting world might not realize that
I was told they processed over $5 million in withdrawl requests just early yesterday
I was also told that the owner of Pinnacle has a home in California, and had some safety concerns
Not only did just about every pro sports bettor bet there because of the reduced juice on games, but so did just about every pro horse bettor, as Pinny offered the best rebate offer in the world, without capping the maximum odds payouts, nobody else came close to such an offer.
Many gamblers actually refused to bet anywhere else
This was the worst thing that could’ve happened to me personally, when all this went down i just prayed Pinny would come through it ok, i didn’t really care much about the other sportsbooks, i could get by without them, but not Pinny, as you can see by going to my sites, Pinny is everywhere, and i had some really big and really good players there, almost all American.
Now there is a mad scramble going on with all the other sportsbooks trying to snag those Pinny players, i am getting reports of 100% match bonuses for transferring your Pinny account to these sportsbooks, just insane
It looks like Bodog will be the last man standing
I’m thinking the Costa Rican licensed places are safe, too much political issues involved if the US heads in that direction, Venezuela is anti American and has close ties with Costa Rica, Venezuela has close ties to Cuba, and Cuba is holding some pretty nasty Russian torpedos pointed at the US, so i’m thinking the US will stay clear of there, Costa Rica is also home to many mobsters and ex-Americans turned anti-Americans.