Internet sportsbetting group Pinnacle has announced that they've dropped their plans to obtain a UK gaming license, as they pulled their application in the jurisdiction.
The company had pulled out of the UK in 2014 and had opted to stay out of the market until a time that they could get a license. The company had apparently decided that the UK was lucrative enough again to re-enter, and they submitted an application recently. But things were not meant to last, as the company announced via Twitter this week that they were withdrawing that application.
No reason for the pullout was given, but Casino Listings will follow up on this story as we learn more.