Not really a poker related issue since Pinnacle’s poker business was pretty small but another sportsbook has decided to steer clear of US law.
After careful consideration, Pinnacle Sports have chosen to voluntarily exit the U.S. market. Accordingly, wagers will no longer be accepted from clients within the U.S. as of Thursday, January 11, 2007. Those clients who are affected will be required to withdraw their balances using the Cashier of their account.
We assure all our clients your balances are available and Pinnacle will continue providing our international clients our same great value.
UPDATE: There’s an interview which claims to have gotten some one-on-one time with Pinnacle’s “main man.”
According to the source:
“When the U.S. focuses on something and says ‘enough,’ and when they go to ‘war,’ no individual company can possibly win in a fight of this nature.”
“Since the Internet Gambling Bill went into effect, we have lost the ability to do business with many quality banks.”