Pinnacle Solution is now approved to provide sports betting services in Malta. The B2B arm of Pinnacle was granted licensing by the Malta Gaming Authority in early March, allowing the brand to provide services to partners located within the jurisdiction.
Showcasing the New Licensing
A license by the Malta Gaming Authority is highly regarded in the industry and Pinnacle Solution will showcase its new approval along with a new esports option during ICE 2022. The licensing is a high point as the brand looks for continual growth in the second quarter of this year and beyond.
Pinnacle Solution is focused on obtaining new partnerships in key areas including Latin America and Europe. Obtaining the license is a major milestone for the company as it has grown over the years by adapting the sports betting and trading options of Pinnacle to create a B2B product that is a revenue driver. The company now supports over 50 operators around the world with its risk management services.
To obtain the Malta license, Pinnacle Solutions have to see its technology and products be scrutinized by the regulator. The end result showcased the transparency of Pinnacle Solution and how the company operates within the confines of EU rules and regulations.
Looking Forward to What’s Ahead
Pinnacle Solutions is ready to utilize the new licensing and obtain new partners in key markets. CEO of Pinnacle, Paris Smith, commented on the new license by stating:
“Obtaining the MGA license is proof that our expert teams have developed products that meet the market’s demands and high standards, and we’re now looking forward to servicing new partners in more markets with the ultimate sports betting, esports, and risk management solutions.”
Smith stated further that the company has taken great strides in ensuring that trading practices and its technology stack can be scaled quickly by partners as well as transparently so that each partner has first-class service to deliver quality revenue performance and enhanced hold.
Any potential partners will be able to view Pinnacle Solution’s products and technology during ICE 2022, which takes place this April from 12-14. The company plans to showcase several products including a new esports option, Risk Management API, and iFrame Solution.
Companies interested in what Pinnacle Solution has to offer are encouraged to visit with the brand during ICE or contact representatives for more information. We should see the brand expand further after obtaining the new license for sports betting from the Malta Gaming Authority.
Gambling for India refers to the act of participating in various forms of gambling, whether online or offline, within the context of Indian laws, culture, and preferences. Gambling includes activities where individuals wager money or valuables on uncertain outcomes with the intent of winning more money or prizes. In India, gambling encompasses a wide range of activities, from traditional games like Teen Patti and Andar Bahar to modern casino games, sports betting, and online gambling.
Gambling for India is an evolving landscape, where both traditional forms of gambling and modern online gambling are becoming increasingly popular. While the legal environment remains complex, with a mix of state laws and offshore regulations, the gambling market continues to grow, driven by technology, changing cultural attitudes, and the demand for entertainment. Players interested in gambling in India should always ensure they are using reputable platforms and understand the legal and financial implications of their actions.
