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Pinnacle Sports Gains Malta License

Online sportsbetting site Pinnacle Sports has announced that they have been granted an online gaming license through the jurisdiction of Malta.

The move comes about six months after Pinnacle was sold to a new owner, and the Malta expansion allows the site further opportunities to expand into the Asian betting market. The betting site is licensed to conduct gaming operations in Curacao.

Pinnacle announced the license in a press release, with company CEO Paris Smith saying the license "...initiates ambitious plans for expansion into regulated markets, and the development of relevant B2B relationships."