30 March 2022

Pinnacle Solution approved for MGA licence

As of March 8, 2022  Pinnacle Solution has been licensed by the Malta Gaming Authority (MGA) to provide its services to sportsbook partners within its jurisdiction.

The highly-regarded MGA licence, along with a new esports product which is to be showcased for the first time at ICE 2022, will underpin our ambitious growth plans for H2 2022 and beyond, as we look to unlock partnerships in a number of new territories, with particular focus across Europe and Latin America.

Recognition by the MGA is our company's latest milestone, having grown exponentially in recent years by adapting Pinnacle’s B2C sports betting and trading heritage into an award-winning, revenue-driving B2B product which now services more than 50 operators globally.

The granting of the licence follows a thorough process which placed our technology and working processes under intense scrutiny, with the end results showing that we are operating transparently, within EU rules, and with no technical changes required for approval.

We will now look to use our flexible product suite, which includes a recently-expanded esports offering, to target new partners looking for an accredited supplier capable of extracting the full potential out of their sports betting brands.

Paris Smith, CEO of Pinnacle, commented: “We’ve made great efforts to ensure our trading practices and technology stack can be scaled quickly, openly, and transparently in order to give our sportsbook partners a first-class service that delivers the enhanced hold and revenue performance they’re after.

“Obtaining the MGA licence 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.”

Pinnacle Solution will be exhibiting at ICE 2022, from April 12–14, showcasing our iFrame Solution, Risk Management API, and award-winning esports product to all interested parties looking to boost their sportsbook’s performance.

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