Pinnacle Sports surrenders Alderney License

Someone told me they were applying for a UKGC license ahead of the UK gambling law change.

btw that article is more than a year old.....

I think to get a UK license you have to declare who the owners are.

Looks like they're now running under a licence from Curacao in what used to be the Netherlands Antilles - which is technically part of the Kingdom of the Netherlands I think.

Great bookie regarding odds and arb friendly etc. BUT having to produce photo ID etc. to withdraw completely sucks!

I am a big fan of Pinnacle but I'm really disappointed about this new rule they have where you have to rollover your deposit 5x before you can withdraw or you have to pay 2% of your deposit.

I believe it's done to stop e-wallet cashback abuse but it penalises normal bettors. 5x is excessive and it's off putting if you want to put on medium/long term bets such as world cup group wnners, as you have to wait for it to complete and then bet 4x more.

It is interesting how the SBR forum mods are deleting all threads regarding this issue. Posters who have tried to talk about it have been silenced and now they can't post without approval. SBR is sponsored by Pinnacle. It's worrying if Pinnacle want debates on this issue to be silenced.

sheppy123 • May 26, 2014 8:46 PM BST
Great bookie regarding odds and arb friendly etc. BUT having to produce photo ID etc. to withdraw completely sucks!

YOMOMMA • May 27, 2014 12:50 AM BST
I am a big fan of Pinnacle but I'm really disappointed about this new rule they have where you have to rollover your deposit 5x before you can withdraw or you have to pay 2% of your deposit.

I believe it's done to stop e-wallet cashback abuse but it penalises normal bettors. 5x is excessive and it's off putting if you want to put on medium/long term bets such as world cup group wnners, as you have to wait for it to complete and then bet 4x more.


Are either of these policies legal? You would have to do neither at a high-street bookies. Secondly, it's your money that you deposit, and hence your money to withdraw. Surely you'd have a perfectly reasonable case if you challenged these policies in court.

Surely you'd have a perfectly reasonable case if you challenged these policies in court.  So what is the small claims procedure in Curacao? 

Seriously tho, they will either be out of the uk market or ukgc regulated by the end of the year. If the latter they will prob change their policy as they will have access to cheaper payment processors.  Also as far as the ID thing is concerned, they are absolutely up front about it BEFORE a deposit.